Document & Compliance Requirement

Documentation and Web Compliance has to be fulfilled to activate payment services. No commercial relationship with One97 communications Ltd. is possible without legal documents. Please find the list of documents required as per Business entity for accepting payments with Paytm.

Use any one of the following documents

  • Registration Proof
  • Shop establishment Act Certificate
  • Regional State Registration certificate
  • Municipal Corporation Department Certificate/License
  • GST Certificate
  • Utility Bill (Max. 2 months Old) (Eg: Electricity Bill, Water Bill, Telecom Bill)

Checks:

  • Registration Certificate / Business Proof should be in the name of firm and should include registered address.

Copy of PAN card is required

Checks:

  • Name associated with the PAN should match with “Proprietor’s Name”
  • Image of pan card should be clear.

Cancelled Cheque / Bank Attested Letter, Bank Passbook, Account statement signed and stamped by Bank.

Checks:

  • Business Name / Proprietor name and Account number and IFSC code should be printed on cheque/Bank passbook/ account statement. If not, then bank Attested Letter is required on letter head of company. (Click here to download the format)

GST Certificate or Declaration of GST Non- Enrollment (Click here to download Declaration template)

Checks:

  • GSTIN should be clearly visible
  • Company / Trade name and business address should be visible
  • Trade Name should match with Registered Business Name and legal name should match with Name of Proprietor
  • Declaration should be on company's letter-head with authorized signatory's sign and company's stamp

Use any one of the following documents

  • Driving License
  • Passport
  • Aadhaar Card
  • Voter ID Card
  • Nrega Card

Checks:

  • Both front and back of address proof is mandatory.
  • Address proof should be in the name of Proprietor.
  • In case you are opting for Solutions for Your Retail Store, we additionally require Shop Front photograph capturing shop hoarding. (Click Here for sample image)
  • In case shop photo uploaded do not clearly depict the Line of business, LOB declaration is required. (Click Here to download Declaration template)
  • Checks for Shop front Photo:
    • Shop Front Photo should be clearly visible with a display board/ Sun pack on it.
    • LOB should be clearly visible in shop photo.
  • Checks for LOB declaration:
    • Mentioned business name on LOB Declaration should match with business name mentioned in company proof document.
    • Signed & Stamped by proprietor
    • Date should be mentioned
  • Documents uploaded should be clear and valid
  • Documents should be less than 2 MB in size
  • Supported format of documents are jpg, png, PDF
  • Photo should be taken from front and information should be clearly visible
  • Documents should not be handwritten
Please refer the sample images for reference
  • Incase you are unable to provide signed & stamped authorised signatory declaration due to lockdown, Please mail your authorised signatory details to your assigned account owner. Mail should be from Partner/Director of the firm.