We always aim at the experience of our merchants hence we always try to come up with modifications that would provide better user understanding as well as experience.
With that thought in mind this time we have renamed few tabs on Paytm for Business App.
‘Collections’ tab is now being called ‘Payments’ as it gives details about the payments collected.
Similarly ‘Bank Transfer’ is the new name for ‘Settlement’ as it gives a clear understanding about what this tab means. as the name says this tab gives details about all the amount that has been transferred to your bank account.