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Vorteile

Paytm is a payment solution tool.
1. Here you can pay your utility bills and can send money to anyone easily.
2. Can book travel tickets like bus, train and flight ticket with great offers.
3. Easy to use UI which everyone can operate.
4. All-in-one tool for money transfer, utility bill payment, purchase voucher and many more.
5. Can pay the bill on restaurant, petrol pump, store by scanning the QR code.
6. It allows business owners to register with Paytm business to accept payments from their customers.
7. On every transaction it provides variety of rewards.
8. With Paytm business you can create payment link and share with customers to accept payments easily with lowest charges.
9. On Paytm business, UPI & wallet payments are charges free and instant.
10. You can upgrade and integrate with your website for smooth checkout and payment process.
11. It can be accessed by both web and mobile devices.
12. With Paytm business app you can check all the transactions on single dashboard and can export the report.

Nachteile

Paytm has lots of issues which needs improvement.
1. When it comes to business owners, without website you can't use Paytm payment gateway.
2. With Paytm business it doesn't allow multiple payment methods like Razorpay does.
3. Sometimes transaction fees are not transparent.
4. Customer support is pathetic. They don't reply on time and never resolve issues properly.

In Betracht gezogene Alternativen

Vorteile

1. Receive payments from your customers by letting them scan an All In One QR code, physical or digital, for instant payouts in your wallet or bank account.
2. Business people and merchants also earn points for accepting payments to get cashback and promotion schemes.
3. It is one of the most trusted platforms with 0% fees for transferring funds to your preferred bank account.
4. You can accept payments from millions of customers anywhere for your business, small or big.
5. You can accept payment by debit card, credit card, UPI, wallets, net banking, and almost any mode with the help of QR codes and Card POS machines.
6. You can even request money from customers by sending them a payment link. So it becomes incredibly convenient to ask for payments over mail or chat politely. You can even add a description in the link, so the client will know what it is about.
7. Merchants can quickly register on the app by providing a mobile number, all set in few minutes.
8. You can see all sorts of reports about your daily, weekly, or monthly receipts and even maintain separate customer accounts like cash book accounts.
9. If you install QR merchandise and POS machines, the cashless integration gets smoother. There are a whole lot of modern checkout machines available, especially for business users.
10. You can get SMS and push notifications for every payment, like jingles of an actual cash box. You can even keep track of refunds, failed payments, bank transfers, etc.

Nachteile

1. Sometimes, the client makes the payment, but it does not immediately reflect, creating confusion and inconveniences. It may often happen due to network or technical issues.
2. The app reports are too basic and do not offer detailed insights into business cash flows.
3. Customer support does not match the industry standards, typically for small merchants.

Vorteile

I like the ease of making payments anywhere anytime. I like the fact that it lets you all your bank accounts, credit and debit cards in one place. I like the fact that it keeps all the record of even a tiny transaction and when in doubt you can easily cross check it. You always have a digital proof of every penny spent. Unlike some payment gateways, it has own wallet which I use just like a cash wallet. I am back in home country for over 4 years now and but for Paytm, it was impossible for me run my household alone and more particularity during Corona pandemic.

Nachteile

Once it runs it runs but when you hit an issue, it is too too stressful to resolve it. Customer service is good but they try to push you to use digital processes primarily. Recently I struggled for almost 3 months to update KYC despite doing the needful many times. Paytm should understand that's it can be very difficult for some people to visit a KYC point. Also very difficult to retrieve a wrong transaction, I had this issue once and I was asked to fill a form digitally, scan it and send it back via Paytm digital help gateway. It was far too difficult task despite very tech savvy. I suffered the loss rater than suffering the complex process of retrieving it.

Vorteile

There are so many features in Paytm. I like the Paytm wallet, balance transfer from Wallet to Bank feature..
You can easily load the money via debit card or credit card in your Paytm wallet at minimum charges and then as per requirement, you can transfer money from wallet to bank account free of cost with no hidden charges. Also you can easily scan code or transfer money to someone's account.

Nachteile

There should be an improvement in Paytm section of cashback points offer of Paytm. Cashback points redemption value is so less. It should be high as per the transactions are done via Paytm. Other Feature are ok to deal with.

Vorteile

1. It is widely accepted one the most secure payment service provider.
2. Apart from wallet and UPI payments it also supports all other forms of payment methods.
3. Transactions are processed securely and quickly.
4. 99% of transactions are processed successfully but if it fails then refund will be initiated immediately.
5. All the financial transactions can be completed via single app such as paying electricity bills, booking of lpg cylinder, insurance premium payment, travel bookings etc.
6. Attractive cashback offers make this app popular among Indian population.

Nachteile

Customer support should be improved sometime it takes time to get query resolved via application. Rest of things are good I haven't faced any problem.