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Paytm launches 24×7 RTGS money transfer for merchants

Paytm launches 24x7 RTGS money transfer for merchants_4.1

Digital financial services platform Paytm has launched a 24×7 RTGS facility to support the companies that make high-value transactions. It also enables businesses to make bulk and instant money transfers to their employees, vendors & partners. Customers can instantly make bulk payments to Bank Accounts, UPI addresses, and Paytm Wallets through Paytm Payouts’ APIs and Paytm for Business Dashboard.

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Paytm Payout is the only service provider that offers seamless round the clock money transfers through Wallet, UPI, IMPS, NEFT & RTGS. The company has made this announcement after Reserve Bank of India (RBI) decision to make RTGS facility 24×7. This service saves time and resources and it is beneficial for SME & large enterprises who use it to adopt an automated payment mechanism.

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  • Paytm HQ: Noida, Uttar Pradesh;
  • Paytm Founder & CEO: Vijay Shekhar Sharma.

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Paytm launches 24x7 RTGS money transfer for merchants_5.1

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