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Paytm Launches Recurring Payments For Merchant Partners
Paytm Launches Recurring Payments For Merchant Partners. Paytm has these days declared the launch of its recurring payment giving for online merchants. With this expansion, the company aims to equip subscription membership-based businesses to effortlessly collect payments from their users.
Consumers have the decision of selecting the preferred mode of payment method like Credit Cards, Debit Cards, Internet Banking, Paytm proprietary instruments and saved cards on Paytm for automatic billing supported the frequency of their subscription. it’s primarily targeted at multiple payment use cases like bill payments, Content Subscription, Grocery Purchases, Membership Fees, Housing Society Payments and a lot additional.
Paytm Payment gateway offers Software Development Kits (SDKs), Developer Apis and secure checkout solutions to address custom payment need varied types of businesses.
Paytm claims to be the well-liked payment gateway for several large online businesses like IRCTC, Zomato, Oyo Rooms, Grofers, Swiggy, Big Basket and plan among others. within the press release, Paytm has claimed its payment gateway processes 400 million transactions each month for its merchant partners.
Kiran Vasireddy, Chief Operating Officer – said, “At Paytm, we have continued to invest in innovative technologies to cater to the evolving payment needs of our Paytm merchant partners. resistance recurring payments may be a critical component of subscription businesses and with this feature on our Payment entrance, merchants will currently reach out to millions of users for his or her subscription offerings. we expect this new feature to profit each merchant and customers alike.”
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