Paytm Merchant Account Trick, How to Create Paytm Merchant Account, Trick to Create Paytm Merchant Account, How to Become a Paytm Merchant
So You are Here to Learn about How to Create Paytm Merchant Account Easily, Before Knowing this You have to know about Paytm Merchant means What is the Role of a Paytm Merchant & What they can do actually. So Lets Begin from starting First of we Know What is Paytm Merchant Account.
Who is Paytm Merchant & What is His Role?
After Upgrading your account into Paytm Merchant you will be able to Accept Paytm at zero cost & with nHassle Free Paytments. There is zero setup fee, zero annual fee and no hardware involved. There are many Paytm Merhchant Offers You can by doing upgrading your account to a Merchant.
How To Become a Paytm Merchant – Step By Step Guide
As you know it’s very to accept Paytm & if you are a Merchant then many type of services will be free for you i.e. You can accept Paytm easily and Send it to Bank without any Charges & Avail Paytm Offers also with Merchant account. The Paytm QR Code lets you accept digital payments from virtually anyone with the Paytm app. So, witout wasting your time Lets Convert your Paytm account to a Merchant Account or Easily Create a Paytm Merchant Account. Just Follow the Steps given below:-
Step 1: First of all Visit to Paytm Merchant Account Page
You can Do the Same Process with Paytm Business App also
Steps 2: Click on “Start Accepting Payments” & Logon with your Paytm account, if you dont’ have any account Create one by clicking on Signup button.
Step 3: After Login, You will Get a Popup to Choose whether you want to apply for our online payment solutions for the app or web, or start accepting Paytm in your retail store. There will be 2 options as below
- Payment Gateway for Website/App – If you are a Website or App Owner
- Mobile payments at your store – If you are going to use it on your Shop
Step 4: Choose any one of them & Proceed ahead & Click on “Get your QR Code” Button
Step 5: Now Fill your Personal Details i.e. Pan/Aadhar Number, Name, Email, Shop Name etc.
Step 6: Choose your Shop Category & Sub category & Enter your Shop Name
Step 7: At last, You have to Fill your Bank Account where you can receive your Paytm cash
Paytm Periodically settle your amount to your Bank account. So, you don’t have to worry about it
Step 8: After Filling all information Correctly, Then Paytm Instantly show your Paytm QR code on your Screen &
You will also receive an SMS regarding Paytm Merchant account to Confirm that Now you are a Paytm Merchant & Now you are ready to accept Payments as Merchant with Paytm Merchant QR Code. Congratulations!!
How To Use Paytm Merchant QR Code?
Now you have your Own Paytm Merchant QR code, Just Take a Print out of it and Stick it at the Front of your Shop.
At Paytm, There are two simple solutions with the Paytm QR Code. Each is geared towards addressing the unique needs of merchants across the country.
Small and Medium Merchants
- INR 1 Lakh limit
- Linked to personal Paytm Account
- No transaction fee
- Unlimited Transfers
- Straight to your Bank Account
Paytm Merhchant FAQs (Frequenty Asked Questions)
Q. Does Paytm allows money transfer to Bank?
A. Yes, as a merchant, you can take payments received in your bank account as per limits prescribed by the RBI.
Q. What are the bank transfer limits?
A. With a basic Paytm Wallet, you can transfer Rs.20,000 per month to your bank account. If you upgrade to a “Self Declared Merchant”, you can increase this limit to Rs.50,000 a month.
Q. Why are these limits imposed?
A. These limits are defined by the RBI and as an RBI approved wallet, we abide by their regulations.
Q. What are the various fees involved?
A. Currently, we charge 0% fee to transfer money to bank till 31st December 2017. However, once the Paytm Payments Bank is launched, it will always remain 0% if you move money to that account
Q. Why are these fees imposed?
A. Paytm incurs cost when the money is added to the wallet. We do not charge that cost to our users. When you buy something within Paytm, then also no fees are charged to you. However, when money is taken out of our system to a bank account, we have to recover the cost we incurred at the time of adding funds. We encourage you to spend money within Paytm to continue to use it for free.
Understand More about Paytm Merchant – Click Here