Today I’m going to talk about Paytm Merchant Account Open Online process but before that let me know the following.
Are you own a local or online business? If yes, then this article is will be much beneficial for you.
Because I will try to make it easy for you payment collection from your customers.
I have seen a lot of people who own a local store but still collectin their payment as like old cash methods. But we all know that India becomes more digital day by day. So, why not make your payment collection process easy?
If I say customers will come to your shop, choose the product & just pay you with a single click of their mobile phone. And the whole money will directly go to your bank. Then, how it will be?
Yes, it is possible via Paytm Merchant which is known as Paytm for Business.
- 1 What is Paytm for Business or Paytm Merchant?
- 2 Why do use Paytm for Business?
- 3 How to Become A Paytm Merchant?
- 4 FAQs Regarding Paytm Merchant Account Open Online
- 5 Conclusion:
What is Paytm for Business or Paytm Merchant?
Paytm for business is nothing just a simple way to the business owners so that they can collect their payments from their customers offline or online. It is also known as Paytm Merchant.
It’s a on the go solution and loved by millions of shop owners in India.
If you have visited any store recently then you might have seen a QR code on their cash counter, & might have seen some people while they are paying to the shop owner using their mobile phones.
Well it is kind similar of this but more that this.
Paytm Merchant doesn’t only allow you to collect your offline Payments via offline QR Code but also provides the online way with a Kahabook which will help you to track all of your customers’ rent in one place.
Why do use Paytm for Business?
As said Paytm for business doesn’t make it easy for your customer’s payments but also helps you to grow your business.
Beside of this Paytm for business has many features.
- Easy way to collect payments from customers
- Can use in offline or online
- Free all apps supported UPI Qr
- Real-time Settlement to bank
- Online Payments Link facility
- Free Khata for shop owners
- Approximately zero charges
- No annual maintenance fees or charges
- 24*7 support
Paytm for Business is also used & trusted by millions of online and offline shop owners in India.
How to Become A Paytm Merchant?
It now very easy to become a Paytm merchant & open a Paytm for business account online.
Here is the full step by step guide on how you can open the Paytm for business account online by self.
Paytm Merchant Account Open Online:
Step 1: Visit https://business.paytm.com/ first, and click on Sign in.
Step 2: Then on the upper left corner you will get an option for Create Account. Click on it and fill your basic details such as mobile number, email & a strong password.
Step 3: Verify your account with an OTP & then fill the bank account details correctly. Please double-check the filled bank account information before you will submit it.
Step 4: Enter a tax id number which we know as PAN Card no in India.
Step 5: Download the QR, & now you’re all set to collect your all payments from your customer using Paytm for Business.
You can print the QR and put in the font of your shop’s cash counter or you can order the Paytm QR from Paytm with stand.
Any payments made by using this QR now will be directly settled in your bank account. It will be free for all UPI payments made with UPI apps such as Google Pay, PhonePay, Freecharge UPI and etc.
Not only that if you also want to accept debit/credit card in your shop then you can order Paytm POS Machine at a very lowest price.
You can track all of your payments status, settlements via using Paytm Business application which is available on Google Play Store & IOS Store for free.
FAQs Regarding Paytm Merchant Account Open Online
Is Paytm Safe?
Paytm is 100% safe & trusted since last 20 years.
How many Paytm for Business account can have by a shop owner?
Every Paytm Merchant account is linked with a single PAN Card no. so if you will try to create one you will not be able to do. That means Paytm allows a single person single account.
How many Payments I can collect in day?
Can I collect Payments from other apps via Paytm QR?
Yes, Paytm for business QR is universal and supported by all UPI apps.
Having a QR code in the shop looks professional and made it comfortable for the customer to pay the shop via a single click of the mobile. I must recommend using this as it is supported by all trending UPI apps.
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