Paytmwallet
Paytm Wallet is a secure and Reserve Bank of India (RBI)-approved digital/mobile wallet that you can use for multiple purposes. It is like digital cash that you can utilize for any kind of consumer payment. You can add money to the Paytm wallet through UPI, internet banking, or credit/debit cards. Also, you can send money from a Paytm wallet to a bank account or another person’s Paytm wallet.
Payment flow
- Step1: Choose Paytmwallet from the available payment options.
- Step2: The user needs to input their mobile number.
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Step3: The user prompt to input the OTP received on their phone.
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Step4: Once done with the verification and authentication, the user will receive confirmation that the payment is successful.
Paytmwallet
| name | description |
|---|---|
| Countries |  IN |
| Type | E-Wallet |
| Processing currencies | INR |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Chargebacks | Yes |
| Refunds | Yes |
| Full Refund | Yes |
| Partial Refund | Yes |
| Refund type | API |
| Refund timeframe | 180 days |
| Onboarding required | Yes (account is for Terminal3 and is available to our merchants via MoR model only) |
| Recurring Payments | No |
| Mobile UI | Yes |
| Opens new window | Yes |
| Min Transaction Limit | 1.00 INR |
Available models:
- Merchant.
Included with your Terminal3 Payments account.
- MOR.