Paytm Business Account: Setup, QR Code, & Transaction Charges
Category: General
Grow your business with Paytm Business. Learn how to open a merchant account, order a Soundbox, and accept payments with zero charges.
How to Grow Your Shop Sales with Paytm Business Account
If you run a local retail store or offer services, accepting digital payments is essential. Paytm for Business allows merchants to accept payments from all UPI apps (like GPay, PhonePe) and cards directly into their bank accounts using a unified QR code. Here is how to set it up.
Benefits of Paytm Business
- All-in-One QR Code: Accept payments from any UPI app or wallet without needing multiple QR codes.
- Zero MDR (Transaction Fees): UPI payments are 100% free with Rs. 0 charge on settlement.
- Paytm Soundbox: Get instant voice alerts for successful payments in Hindi, English, or regional languages, preventing fraud.
- Business Loans: High-volume merchants can access easy collateral-free business loans based on transaction history.
Step-by-Step Account Setup
- Download the Paytm Business App from Play Store or App Store.
- Log in with your registered mobile number and enter your PAN Card and GST details.
- Link your business bank account where settlements will be credited.
- Download your digital QR code immediately or order a physical QR stand + Soundbox through the app.