What is Patym business account?
Paytm business account is an E-wallet that helps to accept Digital Payments from customers for free.With this e-wallet you can generate QR codes.You can put these QR codes in your stores to allow customers to scan and pay money.
Also,you can request payments from anyone over SMS,Chat, Email using a simple link. The amount that you receive will be credited automatically to your bank account the next day.
Paytm has launched the Paytm Business application for merchants and companies to accept payments on the platform.
What are the benefits of Paytm for business account?
- You can accept digital payment for free.
- Your customer can pay using Paytm Wallet,Debit Card/Credit Card,UPI & more.
- You can request payments from anyone over SMS,Chat, Email using a simple link
- You can download, Share & print QR from this app and can accept digital payment with this.
- If you have any amount in this wallet it will be automatically transferred to your bank account the next day.
- Accepts payment without revealing your mobile number.
- No Tax and no other hidden charges.
- Receive SMS notifications and push notifications every time you receive payments
How can I use Paytm for business?
- Download the app from google play store or iOS app store.
- You can login with your existing Paytm account or can create a new account
- To create a new account you have to enter your Mobile Number, Set your Paytm for business password, Enter your Email ID.
- Click on Create a New Paytm account.
- A six digit OTP will be sent to your Mobile Account
- Now you have to enter your PAN or Aadhaar Card No.
- The next step is listing your Business details.(Business Name, Shop Name/Display Name, Select Business Category, Select Business Sub-Category)
- The next step is to confirm your bank details.(Name ,Account No., IFSC code) & click on I agree to Terms & Conditions for Collection payment
- The QR code of you Business will generate
Is there any charge for using the app?
There is no charge recurring, one time charges or hidden charges for using or setting up this account.
What is the limit for this account?
The transfer limit in a day is Rs.20000/- & for a moth is Rs.50000/-
How does this wallet work?
Paytm has launched the application for merchants and companies to accept payments on the platform. The app classifies transactions into different categories, along with bank transfers. Merchants can even generate QR codes and put them in their stores to allow customers to scan and pay money.
Also read: How to check Airtel 4g balance?
How to transfer money from paytm business to bank account?
- Open your Paytm business app
- Click on “Transfer to Bank”
- Input the amount to transfer
- Select the amount to transfer
What is the paytm business customer care number?
Is Paytm for business Free?
Yes,it is completely free to use .The customers can use all services without any charges.
Conclusion: Paytm business account is a great innovation by Paytm. It helps any business organisation to collect digit payment for free with the help of QR code.The QR code can be generated by the business organisation very easily from the app.The Company can download,print & keep it in stores to receive payment ,share through SMS,Chat, Email.The customers can pay using Paytm Wallet,Debit Card/Credit Card,UPI & more with any charges. Morever,the amount collected will be credited to the business organisation’s account the next day. Isn’t is cool. So,what are you waiting for!!Download the app now.