In order to convert Paytm balance into cash, you have to pay extra charge of up to 5 percent, if the shopkeeper does not take payment from Paytm wallet to avoid this charge.
Now a lot of people are doing transactions through Paytm. Even when buying goods from your street shop, you pay with Paytm. But, you must have seen many times that shopkeepers ask for cash instead of taking money through Paytm. Actually, they have to pay a charge to get your payment in cash, this causes them a lot of loss. That’s why shopkeepers refuse to do so.
If you are also a businessman then the same will happen to you. But, Paytm also has an application for such merchants, from which you can avoid all these charges. Paytm has created a special application for merchants, which traders can use and they get a lot of benefit from its use. In such a situation, we know how this app works and what the merchant benefits from…
Will not take extra
Actually, many times shoppers refuse because they have a simple Paytm account. In this situation, when you pay someone from the Paytm wallet, then he credits the next person in the Paytm wallet itself. After this, when you send this Paytm to a bank account to be converted into cash, you have to pay an extra charge of around 5 percent, in such a situation, shopkeepers do not take payment from Paytm wallet to avoid this charge. However, if you use Paytm Business, then you can send money from Wallet to the account.
Get full account
You can also keep track of your business through this application. In this, your rough balance sheet is made by Paytm. If you take most of the payments from Paytm, then traders get reports every week and month. You can see the insights of business in the app, so that you can get an idea of your sales. In this, you will also get an auto generated invoice, so that you will not face any further problems.
All users can also create
If you live outside, you can also make your staff all users. With this, they will also be able to access your application and your business will be closely monitored. Also, the staff will not have to seek confirmation from you again and again.
Digital account
Through this app, shopkeepers also get the facility of having a digital account. With this, you can keep an account of everyone in your phone. You do not need to keep an account book with the user friendly app, because you can always keep your account in it.
