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    Question

    Which payment company has launched a Payment Gateway

    with a special limited-period offer for new MSME merchants & is  offering free onboarding to new merchants with no hidden charges, setup fees, or annual maintenance fees while most payment gateways charge a standard transaction fee of 2 percent?
    A PhonePe Correct Answer Incorrect Answer
    B Paytm Correct Answer Incorrect Answer
    C GooglePay Correct Answer Incorrect Answer
    D Mobikwik Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    PhonePe has launched the PhonePe Payment Gateway with a special limited-period offer for new MSME merchants. It is offering free onboarding to new merchants with no hidden charges, setup fees, or annual maintenance fees while most payment gateways charge a standard transaction fee of 2 percent. The free services could help merchants — who have a monthly sales volume of Rs 1 crore — save up to Rs 8 lakhs and potentially around Rs 2 lakh per month with zero onboarding costs.

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