Paytm wallet now becomes Paytm bank,as it is approved by RBI (Reserve Bank of India). Earlier this company used to know as one 97 communication Private Limited and now it is Paytm payments Bank Limited. So now you can use your wallet as a payment Bank. If you don’t know how to request Paytm debit card online, please comment below and we will write a separate post on this topic. However, those who have already applied for the debit card can check Paytm debit card tracking status. Paytm payment Bank franchise offers you lot of features and as well as earning opportunity for you. In this post, we will help you to start franchise business with Paytm and the basic requirements to become their partner.
Paytm Franchise Benefits
Paytm is now become India’s most popular digital wallet. Therefore if you join and start offering their services you will earn good commission from them. Paytm is now integrated with 1500 + marchents in all over India.
The most trusted and reliable payment platform offered by Paytm. When it comes to transacting money online it always a risky part. However, you don’t need to worry about that because the Reserve Bank of India approved as a payment Bank. You can easily start franchise business without any risk.
They provide the maximum profit for each transaction as well as the KYC verification.
As their payment system is very fast you will no longer to wait to accept and receive the payment. Customers will be happy to get the services from you.
These are the basic franchise benefits we have discussed, now come to the most important part about the,
Who can become Paytm partner
According to PayTM official announcement, anyone who has shop and Android phone can apply for their franchise. You don’t need any special skills to start this business. The basic training will be provided to you after they verify your application.
How much one can earn by doing KYC verification
The Paytm customer representative describes payment structure. For every successful KYC you complete using a biometric device,you will be get paid rupees 20. If you do the KYC manually the amount will be paid Rupees 15. If a customer makes a transaction of rupees 50 within one month on Paytm will give you extract Rupees 15 and 20 separately.
To become their partner you must have an account on Paytm. You can create at any time and it is completely free. Now as you need to do KYC verification for your customers, you require a smartphone to get their services and to complete the verification process online. But before that you please verify your Paytm account through KYC documents.
What is the franchise investment
You don’t need to invest any amount of money to join with Paytm. You get approved by them and you are ready to accept payments and transact money for your customers. Each successful transactions that you generate lets you earn commission from Paytm.You can see the balance on your Paytm wallet which is known as Paytm payment Bank.
How to apply for PayTM franchise
Well, this is very easy to apply for partnership. You can find the partnership option in Paytm account dashboard. If you have an existing account you can sign into the account with your mobile number and password. For those who are first time visiting Paytm they can simply create an account it takes few seconds. Now at the top of the bar you will find Paytm partner option. Click on the link,it will redirect you to a new window which contains Paytm partner application form. The application form shows different fields which you need to fill up. All the mandatory fields are marked as *.Here you provide details like:
Your shop details
Area pin code
Business address and other few more details.
After filling all these details click on the submit button and wait for their reply. They basically reply within 24 hours to 48 hours. Paytm customer care representative will call you directly, so make sure that your phone is working and your SIM is never in active mode.
If you need more father you can directly contact the help support team and they will help you step by step.
Official Website: https://paytm.com/
B-121, Sector 5, Noida – 201 301, Uttar Pradesh, India – +91-120-4770770