We Have Launched Recurring Payments for Online Merchants

To help automate collections for online merchants for the subscription services that they provide to their users while supporting a wide range of payment methods

We have announced the launch of our recurring payment offering for online merchants. With this addition, we aim to equip subscription-based businesses to effortlessly collect payments from their users’ month on month.

Our Payment Gateway solutions are built keeping in mind the needs of our merchants and our latest offering is aimed at simplifying payments for several growing use cases in India such as Bill Payments, Content Subscription, Grocery Purchases, Membership Fees, Housing Society Payments and a lot more.

Consumers have the option of choosing their preferred mode of payment like Credit Cards, Debit Cards, Paytm’s proprietary instruments and saved cards on Paytm for automatic billing based on the frequency of their subscription.

Our Payment Gateway has rapidly expanded its merchant base with a wide array of solutions, right from instant plug-and-play offerings to deep merchant platform integrations. It is focused on driving an intuitive payment experience for users while providing easy integration with all third-party platforms.

Our Developer APIs and secure checkout solutions are available to businesses and have helped strengthen businesses, large and small alike to address their payment requirements.

We are India’s largest digital payments company and also the market leader in the Payment Gateway industry. We process over 400 million transactions every month for our merchant partners, which includes several large online businesses such as IRCTC, Zomato, Oyo Rooms, Grofers, Swiggy, Big Basket and Idea among others.

We will continue to invest in innovative technologies to cater to the evolving payment needs of our merchant partners. Frictionless recurring payments is a critical element of subscription businesses and with this feature on our Payment Gateway, merchants can now reach out to millions of users for their subscription offerings. We expect this new feature to benefit both merchants and customers alike.