PayTM is by far the largest online payment platform in India that allows its users to transfer money to another using the PayTM wallet user at zero cost. It also helps users to pay utility bills, book movies/tickets, or avail of various services from other partner applications.
This payment gateway is a tool that enables businesses to accept payments online from anywhere via different channels and devices. It helps in receiving payments from the customers online and acts as a link between their bank account and that of the merchants. Furthermore, it authorizes a merchant to conduct a payment transaction through payment sources, like net banking, debit card, credit card, money wallets, and UPI.
PayTM All In One Payment suite comprises a wide range of payment products each of which can support your business in accepting digital payments. These include:
- Payment links
- Express payments
- Large payment collections
PayTM supports the widest range of payment sources, including Credit and Debit Cards (Visa, Mastercard, AMEX, Rupay, Diners), Net Banking from top 50+ banks, UPI, and Online Wallets, EMIs (Credit/Debit Cards & Cardless), and Paytm Postpaid.
The transaction success rate of a payment gateway refers to the proportion of attempted transactions that ended with a successful payment transfer. The transaction success rate of a payment gateway depends on a number of factors like network integrations, tech infrastructure, nature of business, etc. Thanks to PayTM’s intelligent routing, direct bank integrations, saved cards and UPI IDs, PayTM Payment Gateway is able to ensure industry-high success rates.
If you would like to add this payment method, kindly contact your Account Manager.