It not only helps the shopkeepers avoid any actual hand-to-hand transaction of money but also, small merchants with feature phones do not need to depend upon SMS confirmations. Paytm Soundbox supports payments on Paytm QR codes through multiple payment methods – Paytm Wallet, Debit and Credit Cards, Net Banking and BHIM UPI. It can be noted that the SoundBox supports vernacular languages, which means that merchants across the country can just use the audio device to get payment confirmations. Paytm Soundbox gives instant audio confirmations for payments. Using the ‘Paytm for Business' App, merchants can check the details of every transaction, download daily or weekly reports and also gain access to vital business information like estimated time of bank settlement, among other things. In app notifications through Paytm for Business App are a testimony to the fact that with Paytm they have several ways to ensure payment receipt whenever a customer does a transaction,' the company said.Ģ. The company has around 23 million merchant partners and in order to ensure that they stay safe from these kinds of frauds, Paytm has said that there are several ways by using which merchants can do verification of payment receipt whenever a customer does a transaction. This fake Paytm app payment confirmation page is being used to fool merchants. Paytm said, 'It has come to our notice that a video on social media is doing the rounds regarding a Paytm Spoof/look-alike app, which gives a false payment confirmation page.' According to the information provided by Paytm, the company has come to know about a fake Paytm app, which gives a false payment confirmation page. People use these applications for a secure payments experience, but due to the increasing number of digital payment frauds it is very important for merchants and shopkeepers to stay alert. Some of the most prominent applications that are being used for making online payments include Paytm app, Google Pay app, PhonePe app, among others. With digitalisation and online payments getting a boost in recent times, merchants in the country have partnered with several digital payment applications to make the process easier.

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