- They have partnered to resolve MSMEs payment issues digitally, thus to facilitate seamless transactions for MSMEs.
- Under this partnership, both entities will provide a new integrated payments solution called ‘MargPay’ which is developed by Marg ERP to MSMEs.
- This payment solution will also help to expand the business of MSMEs in India.
- ‘MargPay’ payment solution will provide efficient payment transactions in a cost-effective manner which will help MSMEs to keep a track record of payment receipts for the payments made using multiple methods.
- The payment solution helps MSMEs to reconcile all payment transactions.
- Also, merchants will be able to connect ‘MargPay’ payment solution with less efforts to their billing and accounting system.
- Static Part:
- HQ of Marg ERP Ltd: New Delhi
- CEO of Marg ERP Ltd: Krishnam Raju D
- HQ of Paytm: Noida, Uttar Pradesh
- CEO of Paytm: Vijay Shekhar Sharma
Question:
Q.1 With whom Marg ERP Ltd partnered to resolve MSMEs payment issues digitally and to develop ‘MargPay’ payment solution?
a. Visa
b. Paytm
c. MasterCard
d. RuPay
a. Visa
b. Paytm
c. MasterCard
d. RuPay