Paytm on January 22 introduced its first app for the business named as ‘ Paytm for Business '. The Android app enables merchants and business partners to easily access digital payments and navigate through past transactions. The application on Google Play Store
enables merchants to generate their Paytm QR and also print it out directly through the app to start quick digital payments
. The app allows the merchants to view their transactions without the confirmation through SMS or Email. Paytm users can get free access to critical information like bank settlement, UTR number of daily bank settlement, and options like daily weekly and monthly statements. It is accessible in more than 10 regional languages. It empowers its merchants and business partners to do a paperless transaction and entitles them to start their transaction at zero percent commission. The monthly payment receiving a limit of Rs.50, 000 can also be increased on a custom request.
It will make managing day-to-day business operations simpler for our partner merchants. All needs ranging from seamless acceptance of various payment modes to day-wise settlement summary, have been taken care of. - Kiran Vasireddy, COO, Paytm
In conclusion, the app also allows merchants to raise a support ticket, check their existing tickets and get priority access to Paytm merchant Helpdesk at the touch of a button. In the new system, Paytm cash future cashback amounts will be effective on actions like shopping, cabs, flight booking and much more. The company confirms to go a long way in addressing the needs of the country’s merchants.