Payment Links are the simplest way to accept payments remotely from your customers anytime from anywhere without a website or an app.
With Paytm Payment Links, you also get to offer your customers a wide range of payment sources, including all UPI apps, all cards, Paytm Wallet, net banking, Paytm Postpaid, EMI and FD (in Paytm Payments Bank).
The best part is that you do not need to integrate the Paytm Payment Gateway to use Paytm Payment links. Paytm Payment Links is a standalone product that is available directly on the Paytm Business Dashboard.
Creating a payment link takes less than a minute. Once created, you can instantly send the payment link to your customers via SMS, email, WhatsApp, chatbots, etc., and get paid instantaneously without any integration.
This blog will cover the step-by-step process of creating a payment link from the Business Dashboard.
Steps to create a payment link from the Business Dashboard
You can create a payment link from the Business Dashboard, Business App, or via APIs. In this article, we will explain how to create a payment link from the Business Dashboard.
Before we get down to learning how to create a payment link, you need to ensure that you have the authentication keys. For that, you need to generate your staging account credentials from the dashboard.
Once you have the account credentials, you need to follow the steps explained below:
Step #1: Log into your business account
You need to sign in to your business account. You can either log in using your Paytm App by scanning the QR code or entering your Paytm registered mobile phone number or email address.
Step #2: Go to ‘Payment Links’ under the ‘Accept Payment Tab’
Step #3: Click on ‘Create Payment Link’
There are mainly two types of links you can create – Quick Payment Links and Detailed Payment Links that allow you to collect your customers’ information.
- The link lets you enter the purpose of payment and the amount to be paid and send it to the customer via email, SMS, or any chat medium.
- You can also attach a template with custom fields to the link for collecting customer information relevant to your business, for example, roll numbers of students, course name, account number, customer delivery address, etc.
Step #4: Enter the amount & description to create the link
For Quick Payment Links
You can enter the amount you need to collect from the customer and the description explaining the purpose of the transaction. Doing so will put your customer at ease because he/she knows the purpose of making a payment.
For Detailed Payment Links
As per the business use case, you can also include multiple fields using dynamic pricing with a product-wise split of the total amount. This feature is primarily for:
- Accepting a tip from customers
- Adding quantity based product lines: The unit cost and the number of units bought
- Request information from your customer, for example,
The merchant can use this feature as a purchase form for their customers as well.
The merchant can also create and save payment link templates for future use.
You can also send payment reminders to your customers using the ‘Payment Reminder’ feature, which is available for Quick & Detailed Payment Links, both.
Paytm has introduced the partial payment feature. With this feature, a merchant can ask a customer to pay the entire amount mentioned in the payment link in installments or parts instead of paying the whole amount upfront.
Business Dashboard also supports bulk link creation. Merchants can create up to 1 Lakh payment links at a time by uploading a CSV File without API integrations.
Step #5: Share the payment link
Once you have created the payment link, you can share it via your preferred medium (SMS, email, or social media). The customer will receive a single link in which they need to enter the information and click on it to make a payment in the Paytm App (if they have it installed on their device) or the browser.
You can modify the link anytime using Update Link API. Please note that you can alter only the Link Notes and Expiry Date.
You can cancel a link anytime using the ‘Expire Link API’ or ‘Deactivate Link’ button. Your customer would not be able to complete payment once the payment link expires.
You can resend the link to your customer on their Email ID and Mobile Number via the Resend Link API. All you need to do is click on the ‘Share’ button in front of the link you want to resend and select how you wish you resend it.
Paytm Payment Links offers tremendous advantages to you and your customers. You neither need to own a card processing machine nor a website. Moreover, your customers don’t need to have a specific account anywhere. They can pay using their preferred payment source (all UPI apps, all cards, Paytm Wallet, net banking, Paytm Postpaid, EMI and FD in Paytm Payments Bank) through the Paytm Payment Link.