How to become a Paytm seller

Last Updated at: May 12, 2020
303
How to become a Paytm seller

Paytm has grown tremendously in the last few years, and is now one of the largest e-commerce-cum-payment portals functioning within India. While we have all used Paytm to get ourselves train tickets and movie tickets, how many of us are aware of the fact that Paytm also supports an e-commerce platform, backed by the Alibaba Group. The mobile-wallet concept that it is built on, makes it easier for users to make purchases and complete transactions. Everything from booking your flight ticket back home, to getting yourself a nice make-up set can be accomplished via Paytm. Here’s a look at everything you need to know regarding how to become a Paytm seller.

  1. Why Become A Paytm Seller

  2. Documents Required to Create a Paytm Seller Account 

  3. Paytm Seller Registration process

  4. Things to Keep in Mind

  5. Paytm Seller Support

 

Why Become a Paytm Seller?

The e-commerce sector has bloomed in recent years, and Paytm wants to utilise that growth to the best of its abilities. It is one of the newer entrants into this field, but being backed by Alibaba gives Paytm a huge competitive edge. Paytm has over 10 crore clients, has more than 60,000 active vendors on it selling more than 500 different types of products to over 39,000 destinations in India. Before familiarizing ourselves with the Paytm seller registration process, let us take a look at why vendors should sign to become a Paytm seller in the first place.

  1. Handles all the maintenance and set-up of your e-commerce platform
  2. Gives you more resources and time to focus on fulfilling orders
  3. Easier to scale up
  4. Extremely flexible
  5. Requires close to zero investment
  6. Extremely mobile friendly
  7. A safe and robust framework
  8. Experts when it comes to the online payment field
  9. Higher visibility and better brand image

Documents Required to Create a Paytm Seller Account 

  • Name of the company, business or partnership
  • Phone number of the directors
  • Email ID of the concerned authorities
  • Physical office address of the business
  • PAN card
  • Bank statements/Cancelled cheque
  • Account number and IFSC code
  • VAT registration documents
  • If no VAT, then submit the Paytm VAT undertaking
  • Address Proof- Aadhaar, Voter’s ID, Passport, Driver’s License, PAN
  • Identity Proof
  • Incorporation certificate
  • Possession certificate, Encumbrance Certificate or Lease agreement of the office
  • Documents regarding GST registration

Paytm Seller Registration Process

  1. First and foremost, go to the Paytm Seller Registration tab on the app or website
    paytm seller india online
  2. Fill in all the required details such as name, ID and set-up your account by choosing appropriate login credentials
    online google paytm account open
  3. Complete the verification process via both email and registered phone number
  4. Fill in details regarding your business
  5. Upload all the supporting KYC documents required
  6. Read through and if you find them alright, approve the Terms and Conditions
  7. Update your product catalogue
  8. Now, you are all set to start selling your products on Paytm

Get free legal advice now

Things to keep in mind

  • You don’t have to create or register a new company to start selling products on Paytm. If you already have a business, you can start selling on Paytm directly without any hassles. Incorporation ensures protection from liability.
  • However, VAT registration(since 2017, GST) and compliance is mandatory to start selling products on Paytm. In case you don’t have such a permit, you can begin sales by submitting an undertaking to Paytm that you will procure the required VAT registration. Furthermore, the sale of apparel(unstitched), handicrafts and books does not require VAT registration.
  • The following people are eligible to become a Paytm Seller:

  1. Individual on his own
  2. One-Person Company founder
  3. Private/Public Limited Companies
  4. Limited Liability Partnerships
  5. Partnership Firms
  • Make sure you catalogue your products in an attractive and appealing manner.
  • Especially when it comes to lifestyle and fashion products, get help from a professional photographer to enhance the beauty of your products.
  • Always keep an eye on your competitors so that you are able to set competitive prices.
  • The items which are being sold on Paytm can also be listed on your personal website, if you have one, leading to even more visibility and conversion.
  • As soon as someone orders or pays for your product, you will get a notification from Paytm to start production or shipping. 
  • To make it easier for your customers to find you and your products, create specific descriptions for each product, and try to include relevant keywords in those descriptions.
  • Make use of social media promotion to improve your SEO and attract more customers.
  • Utilise the Paytm Dashboard to manage your orders and inventory efficiently. Keep track of all your orders and make sure you fulfil them as early as possible. 
  • Furthermore, to improve customer relations, make use of the Paytm Seller support to manage activities and get help as and when required.
  • It usually takes Paytm around 2 to 7 days to deposit your money, and during this process, Paytm will take a small commission fee for itself. The fee varies from product to product and is usually some percentage of the product’s price. 
  • Finally, keep a note of the fact that Paytm also charges INR 45 for every 500 gm parcel as shipping cost. You can make use of your own courier service or depend on Paytm itself to ship your products.

Services Offered by Paytm

  • Mobile recharge 
  • Movie/Bus/Train/Flight Ticket booking
  • Electricity/Water/Gas/DTH/Broadband Bill payments 
  • Credit card bookings 
  • UPI money transfer 
  • E-commerce
  • Gifts vouchers 
  • Loan applications
  • Insurance services 

Paytm Seller Support and Contact

  1. Contact number – 0120 3888 388
  2. Customer care – https://paytm.com/care/ticket
0

How to become a Paytm seller

303

Paytm has grown tremendously in the last few years, and is now one of the largest e-commerce-cum-payment portals functioning within India. While we have all used Paytm to get ourselves train tickets and movie tickets, how many of us are aware of the fact that Paytm also supports an e-commerce platform, backed by the Alibaba Group. The mobile-wallet concept that it is built on, makes it easier for users to make purchases and complete transactions. Everything from booking your flight ticket back home, to getting yourself a nice make-up set can be accomplished via Paytm. Here’s a look at everything you need to know regarding how to become a Paytm seller.

  1. Why Become A Paytm Seller

  2. Documents Required to Create a Paytm Seller Account 

  3. Paytm Seller Registration process

  4. Things to Keep in Mind

  5. Paytm Seller Support

 

Why Become a Paytm Seller?

The e-commerce sector has bloomed in recent years, and Paytm wants to utilise that growth to the best of its abilities. It is one of the newer entrants into this field, but being backed by Alibaba gives Paytm a huge competitive edge. Paytm has over 10 crore clients, has more than 60,000 active vendors on it selling more than 500 different types of products to over 39,000 destinations in India. Before familiarizing ourselves with the Paytm seller registration process, let us take a look at why vendors should sign to become a Paytm seller in the first place.

  1. Handles all the maintenance and set-up of your e-commerce platform
  2. Gives you more resources and time to focus on fulfilling orders
  3. Easier to scale up
  4. Extremely flexible
  5. Requires close to zero investment
  6. Extremely mobile friendly
  7. A safe and robust framework
  8. Experts when it comes to the online payment field
  9. Higher visibility and better brand image

Documents Required to Create a Paytm Seller Account 

  • Name of the company, business or partnership
  • Phone number of the directors
  • Email ID of the concerned authorities
  • Physical office address of the business
  • PAN card
  • Bank statements/Cancelled cheque
  • Account number and IFSC code
  • VAT registration documents
  • If no VAT, then submit the Paytm VAT undertaking
  • Address Proof- Aadhaar, Voter’s ID, Passport, Driver’s License, PAN
  • Identity Proof
  • Incorporation certificate
  • Possession certificate, Encumbrance Certificate or Lease agreement of the office
  • Documents regarding GST registration

Paytm Seller Registration Process

  1. First and foremost, go to the Paytm Seller Registration tab on the app or website
    paytm seller india online
  2. Fill in all the required details such as name, ID and set-up your account by choosing appropriate login credentials
    online google paytm account open
  3. Complete the verification process via both email and registered phone number
  4. Fill in details regarding your business
  5. Upload all the supporting KYC documents required
  6. Read through and if you find them alright, approve the Terms and Conditions
  7. Update your product catalogue
  8. Now, you are all set to start selling your products on Paytm

Get free legal advice now

Things to keep in mind

  • You don’t have to create or register a new company to start selling products on Paytm. If you already have a business, you can start selling on Paytm directly without any hassles. Incorporation ensures protection from liability.
  • However, VAT registration(since 2017, GST) and compliance is mandatory to start selling products on Paytm. In case you don’t have such a permit, you can begin sales by submitting an undertaking to Paytm that you will procure the required VAT registration. Furthermore, the sale of apparel(unstitched), handicrafts and books does not require VAT registration.
  • The following people are eligible to become a Paytm Seller:

  1. Individual on his own
  2. One-Person Company founder
  3. Private/Public Limited Companies
  4. Limited Liability Partnerships
  5. Partnership Firms
  • Make sure you catalogue your products in an attractive and appealing manner.
  • Especially when it comes to lifestyle and fashion products, get help from a professional photographer to enhance the beauty of your products.
  • Always keep an eye on your competitors so that you are able to set competitive prices.
  • The items which are being sold on Paytm can also be listed on your personal website, if you have one, leading to even more visibility and conversion.
  • As soon as someone orders or pays for your product, you will get a notification from Paytm to start production or shipping. 
  • To make it easier for your customers to find you and your products, create specific descriptions for each product, and try to include relevant keywords in those descriptions.
  • Make use of social media promotion to improve your SEO and attract more customers.
  • Utilise the Paytm Dashboard to manage your orders and inventory efficiently. Keep track of all your orders and make sure you fulfil them as early as possible. 
  • Furthermore, to improve customer relations, make use of the Paytm Seller support to manage activities and get help as and when required.
  • It usually takes Paytm around 2 to 7 days to deposit your money, and during this process, Paytm will take a small commission fee for itself. The fee varies from product to product and is usually some percentage of the product’s price. 
  • Finally, keep a note of the fact that Paytm also charges INR 45 for every 500 gm parcel as shipping cost. You can make use of your own courier service or depend on Paytm itself to ship your products.

Services Offered by Paytm

  • Mobile recharge 
  • Movie/Bus/Train/Flight Ticket booking
  • Electricity/Water/Gas/DTH/Broadband Bill payments 
  • Credit card bookings 
  • UPI money transfer 
  • E-commerce
  • Gifts vouchers 
  • Loan applications
  • Insurance services 

Paytm Seller Support and Contact

  1. Contact number – 0120 3888 388
  2. Customer care – https://paytm.com/care/ticket
0

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