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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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