To make transactions of your clients and customers, seamless Paytm offers various payment solutions to pick from, including all the major banks offering credit cards and debit cards, balance in the Paytm app, NetBanking directly, UPI id, an option for EMIs, etc. Paytm lets you, as a merchant, give all the options to the customer for making a purchase.
Paytm brings you two ways to provide payment gateways to your customers. You can either redirect them to the Paytm payment gateway, where they can finish their payment process. The second option is a customized payment gateway, where a business can collect the payment from the client on its website or application. With a customized page, you can add branding elements such as a logo, brand colors, etc.
Paytm custom payment solutions can manage payments for merchants from different sources, including cards, UPI, net banking, Paytm app, and more. Also, it can track refund status, manage stored credentials, etc. Here is a list of businesses that must use Paytm custom payment solutions.
Food and Beverage Industry
Online food delivery apps looking for a customized payment gateway for their customers should check out what Paytm has to offer. The online transactions have boomed during the pandemic to reduce the contact with the delivery personnel. Customers are opting for delivery apps for both food and groceries. Paytm Payment Gateway provides hassle-free payment gateways to your customers so they can opt for your services more frequently.
Subscription-Based Business Models
Subscription-based businesses require customers to renew their subscription on a fixed date, periodically. For such business models, the Paytm Payment Gateway sends notifications via an SMS and email, reminding customers to renew their subscriptions. It also enables the merchant to have a steady collection from the client without worrying about any barriers. Paytm had made monthly subscription purchases super easy by linking the accounts and payment gateways securely.
On the one hand, e-commerce has seen a significant boom in the last decade, but the pandemic has ensured an unexpected rise in this sector. With the increase in sales, there is a problem with return products, complaints, and demand for refunds too! Paytm not only manages safe payment gateways to make a successful and speedy sale but also helps you generate unique tickets for each making it easier and smoother to track refunds and cancellations.
Insurance and Finances
To manage your wealth and insurance policies, you need a reliable payment gateway with full security. Paytm makes sure you have encryption for all your information regarding personal and bank details, so you do not have to fear about safety at all. With PCI compliance, the Paytm Payment Gateway ensures the personal and financial information of the client is safe.
The pandemic has given rise to a massive change in the education system. Today, parents, students, teachers, the whole education system is adapting to education going online. It has also raised the demand for making smooth transitions between all the pillars involved to ensure there are no interruptions in education. Solutions provided by Paytm for Business provide quick, easy, and secure payments.
As the times are changing, the demand for a customized payment gateway has also increased. The customer should feel safe while clicking on the payment link. In almost every sector, a seamless and error-free payment gateway has become a necessity to provide the best possible services to customers. To know more about the features and to know more about Paytm Payment Gateway, please contact us.