If your business requires you to collect recurring payments from your customers at a predefined time interval, then Paytm Payment Gateway’s Subscriptions is the solution you need.
Paytm Subscriptions allows you to collect recurring payments from your customers for all the services consumed by them.
It supports payment collection for a fixed as well as a variable amount and also helps any business model that you may be working with like:
For collecting monthly/yearly subscription charges for online entertainment companies/apps like Hotstar, Gaana.com.
For collecting the monthly or annual subscription fees or a course-based fee from the customers.
For any banking, financial services, and insurance-related services like loan repayments, insurance premium renewals, credit card bill payments, etc.
For services that require monthly recharge/bill payments.
With Paytm Subscriptions, you can make it easier for your customers to make recurring payments and for you to collect the payments.
You can also offer a unique and personalized customer experience with various subscription checkout options available.
For example, the QR code checkout solution can help your customers directly scan and complete the subscription set up without much hassle.
The custom subscription solution provides you with the freedom to customize the overall subscription checkout page as per your business or marketing needs.
Paytm offers a variety of features that make it a seamless platform. For example, retrials in case of payment failures, intelligent routing to make sure your payments always go through the best performing payment gateway, and more.
Moreover, easy payment gateway integrations and its overall adaptability make Paytm Payment Gateway an exhaustive service provider and the best payment gateway for recurring payments.
But other than the features mentioned above, the business models are made seamless by Paytm subscriptions as it helps you provide:
- Free trials for your customers to start collecting the automated payments from a later date.
- A one-time subscription fee before starting fixed-amount recurring payments.
- Fixed as well as variable charges based on the usage of your customers.
Paytm Payment Gateway Subscription can help you provide the option of a fixed amount pay at first and then set up a fixed, and a variable fee based on the usage.
It can expand your business reach to the customers who want to try the platform and not pay for a full length. The variable cost can help retain a customer longer as they only need to pay according to their usage.
Moreover, with Subscriptions, you can collect recurring payments from your customers via their preferred payment method.
Subscription offers all payment collection instruments like UPI, debit/credit card, and Paytm Wallet. All Banks are supported via NPCI’s NACH.
Subscriptions can integrate the recurring payment model for your customers quickly and let Paytm manage the collections. It allows you to focus on what you do best and leave the rest to their efficient and time-saving tool.
100+ websites and apps are already using Paytm Payment Gateway Subscription for collecting recurring payments automatically.
More than 30 million subscriptions have already been created on the subscription platform.
So, what are you waiting for? Start accepting recurring payments today.