We can now help you manage payments on all unattended machines!
This means that a vending machine will now be able to accept payments through Paytm.
What is means for your business
Paytm has meticulously worked on systems of newly connected machines that will help both the operators and the customers. It will allow operators to gain new insight into metrics on cashless payment option, inventory management, foot traffic, and automatic maintenance requests, while offering a swift and simple experience for the customer. Here at Paytm, we are offering various such products that are integrated within the vending machine to provide the customer a cashless payment experience.
These offer more than logistical insight. You do not have to worry about maintaining cash and coins in the machine. You are able to focus on your business
We currently offer 3 distinct solutions for vending machines:
In Static QR+ Callback URL, The process broadly involves two Steps
1) At the customer’s end: Once a customer scans to pay via the QR code, our system posts the response via the Paytm server, containing certain set parameters (like transactions details) to the URL provided by the merchant after every successful transaction.
2) At the Merchant’s end: Merchant captures the response posted by the Paytm server and can either save it or modify it according to his/her use.
In Dynamic QR and Callback URL, the process is similar. However we provide the merchant an API to create a QR code according to their requirement for dynamic and callback URL. After providing the QR code the process runs as in the case of a static QR.
Advantages of going with Paytm
Real Time Data: The advantage with using the above processes are that the data posted on the merchant URL is in real-time, which provides the merchant with an extra edge while they are communicating with their Vending Machine. As the response posted on merchant URL is routed to the vending machine by the merchant server URL, the machine is credited with the amount paid by the customer. Then the customer is allowed to choose the product from the machine.
Paytm API’s: Paytm also provides API’s to cater to all situations that you as a merchant may face.
The CheckStatus API and the Refund API are offered to the merchant so that they can integrate it in their backend to make the whole process more efficient.
In CheckStatus API, merchant is able to check the status of any transaction, while for Refunds, we have the Refund API, which aims to provide hassle free refunds for scenarios where the product is not dispensed due to any reason. Here automatic refund will be done within an hour with the Refund API.