Marg ERP partnered with Paytm

Published on November 11, 2020
Current Context: The Marg ERP, which is the biggest enterprise solutions providers in India has entered into a partnership with Paytm.
Marg ERP partnered with Paytm
  • 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

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