INSTANT BANK SETTLEMENT IN PAYTM FOR BUSINESS APP

Transfer the money accepted through Paytm to your bank account instantly at any time.



Dear Paytm Merchant! Now you can transfer the money accepted through Paytm in your bank account instantly at any time through your Paytm for business app.

For this you will first have to tap on the settlements tab then you will see the total amount available for bank transfer. After this, you will have to click on transfer to the bank then enter the amount you want to transfer to your bank account the details of your bank will automatically come on the screen. This is your same bank account which is registered with Paytm for the money settlement. Now click on proceed to transfer the money instantly. You will see this screen after the successful transaction.

You can go to the "Accept payment Setting" in the "Account Tab" at any time to change this bank account as per your convenience.
The new bank account will be activated within 48 working hours.



You can also choose an option of "Automatic Bank Transfer" and can set the frequency of once every day, twice every day or thrice every day. 

As per the option is chosen by you, the amount accepted by you through Paytm shall be transferred by your bank account once a day, or twice a day or thrice every day automatically.

PLEASE NOTE: Minimum transaction amount for any bank transfer is Rs. 50
you can send up to Rs. 2 lakh per transaction.
Dear Merchant! Never share your OTP or Paytm password with anymore. Paytm will never contact you to ask for these details.

Paytm is a digital E-wallet. And it is going ahead in the form of Digital Payment in the whole country. With Paytm E-wallet we can do many things like Mobile Recharge, Bill Payment, etc. ...
Similarly, Paytm has started many services. Which also includes Paytm merchant. What we understand by Paytm merchant service. Paytm means a digital E-wallet and merchant means merchant.
this shows that
Paytm merchant service is essential for business people. There is no need for this service by the general public. Merchant people can make Paytm merchant account. Which is a Paytm merchant service?

Why make it- Friends, since 4G internet has come, many facilities are easily available to everyone. In which digital payment is main. We buy the same from anywhere and then pay it from our wallet or wallet. But many people make digital payment. These digital payments can also be done through Paytm. This is done with the help of Paytm's QR code. Meaning when we pay for the goods in a shop, then pay the QR code of the Paytm installed in the shop by scanning it from your Paytm E-wallet and putting the amount (Amount), then the QR of the Paytm in the shop Paytm account of Paytm goes through the code. So to get this QR code, the merchant has to create Paytm merchant account.

Benefits of making it - Businessmen do not create Paytm merchant account and they can take payment from Paytm number. But when you pay the amount received from Paytm to the bank, then 3% Paytm charge will be deducted. If Paytm merchant account is created If there is no charge will be deducted.
Now the thing is that hoe to open Paytm Merchant Account
To create Paytm merchant account
First business.paytm.com/retail
Open it on your mobile or computer.
Click on Get your QR Code. And logging in with Paytm mobile number and password. After that, you have to provide personal and business-related information like pen card number, Aadhaar number, shop name, bank details, etc. …………. .............
After filling all the information is to be submitted and after that, the QR Code will be found.
And when any customer or customer pays the QR Code at the shop after scanning it from Paytm and putting the amount (Amount). So he will go to the payment merchant account and go directly to the bank. That too without any charge cut.

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