Info-tech

Paytm Payment Gateway launches same-day bank settlement

Our Bureau Mumbai | Updated on October 13, 2020 Published on October 13, 2020

Paytm, on Tuesday, announced the launch of same-day settlement facility for fund transfers on its payment gateway service.

“This will help business partners settle money transfers anytime in their bank account on the same day of receiving payment, without waiting for the next day,” it said in a statement.

Also read: Paytm Money starts stockbroking business

The feature can be accessed from Paytm Merchant Dashboard or Paytm for Business app. The minimum amount that can be transferred is ₹50, and the maximum amount is ₹2 lakh in a single transfer request.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on October 13, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.