Noida based Paytm has launched ‘Paytm for Business’ app on the Google Play Store. This new app will allow our merchants and business partners to track payments instantly, navigate through the past collections and track settlements made to their preferred bank accounts. They can also generate their Paytm QR through the app, print it and put it up in their shops.
However, the app was launched on 28th December and received 5 million downloads, which itself shows the popularity of app among merchants. It’s available in more than 10 regional languages.
The App empowers business owners to do a paperless and instant on-boarding and get started to accept payments instantly for zero charges (0% commission).
Merchants can now view their transactions without the need to wait for a confirmation SMS or Email. They can check the details of every transaction, download daily, weekly and monthly statements and gain access to critical information like estimated time of bank settlement, UTR numbers of daily bank settlement, among other things.