Qitero Qitero

Paytm

Country: India (IN)  |  Payment Rail: e_wallet

DigitalWallet Market Adoption: 15%

Paytm is a major digital wallet and financial platform in India, running on a proprietary e-wallet ledger with embedded UPI, widely used for mobile checkouts, bill payments, and instant transfers.

🔄 User Payment Flow

  1. Merchant displays checkout and customer selects Paytm
  2. Customer enters their Paytm registered mobile number
  3. Customer enters Paytm wallet PIN to authorize deduction
  4. Wallet balance is instantly deducted and merchant receives confirmation

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRYES
Supports RecurringYES
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant initiates charge request to PSP
  • PSP triggers Paytm wallet authorization window
  • PSP processes deduction and callbacks merchant endpoint with status

🚀 Supported Payment Gateways & Acquirers (PSPs)

🔌 Razorpay