Paytm Payment Services Limited has entered into a partnership with Shopify announced One97 Communications Limited, the parent company of Paytm. The collaboration aims to help merchants collect payments seamlessly with Paytm Payment Gateway.
Paytm Payment Gateway is integrated to the Shopify Payments platform, which was launched in June 2021. The platform helps merchants unlock new sales growth opportunities. The widespread popularity of Paytm Payment Gateway and the latest checkout technology of Shopify will enable business owners across India to rapidly witness growth in sales.
As pioneers of digital payments in the country, we remain committed to empowering our merchant partners with innovative omnichannel payment solutions.
Nakul Jain, CEO, Paytm Payment Services Limited
Digital Payments
Merchant partners will be able to accept payments via Paytm Wallet, Paytm UPI, Paytm Postpaid (Buy Now, Pay Later), net banking, debit cards, credit cards and more, said the company. Customer support will also be available for them on a priority basis. With the rapid boom of e-commerce in India, merchants are adopting digital payments to increase their businesses.
Talking about the collaboration, Nakul Jain, CEO, Paytm Payment Services Limited said, “Our partnership with Shopify will bring benefits of seamless activation and superfast payments, to thousands of merchants on their platform. As pioneers of digital payments in the country, we remain committed to empowering our merchant partners with innovative omnichannel payment solutions”.
India’s e-commerce
“Digital payments are one of the key drivers powering the growth of India’s e-commerce economy,” Bharati Balakrishnan, country head and director, Shopify India, stated.
“With Indians shopping across a multitude of platforms, channels, apps and devices, both offline and online, it is crucial for merchants to engage their customers and facilitate the shopping and checkout experience by offering popular payment options,” he added.
About Paytm Payment Gateway
Paytm Payment Gateway is one of the most popular payment solutions amongst startups as well as top corporates in India. Another feature that encourages merchants to integrate Paytm Payment Gateway to their applications and websites is its next-day settlements by default, it claims.
