iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Paytm introduces UPI SDK to let customers pay directly within merchant app

23 May 2023 , 01:37 PM

One97 Communications Limited, the parent company of Paytm, has unveiled the Paytm UPI SDK, an innovative solution enabling customers of online merchants to seamlessly make UPI payments within the merchant’s mobile app, eliminating the need for redirection during the checkout process.

According to the company, this new feature will empower customers to make payments directly from their bank accounts within the merchant app, simply by entering their UPI PIN, thereby eliminating the need to exit the app.

Online businesses now have the opportunity to provide their customers with convenient features such as checking their account balance, creating VPA handles, adding additional UPI-linked accounts, and setting/resetting UPI PINs in real-time within their app, all before initiating a payment.

The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank. 

As part of this arrangement, Paytm Payments Services Ltd. offers UPI acquisition services to merchants, and the UPI SDK serves as an enhancement to this arrangement.

For feedback and suggestions, write to us at editorial@iifl.com

explored-media

Related Tags

  • Paytm
  • Paytm News
  • Paytm Updates
  • Paytm UPI
  • Paytm UPI SDK
  • UPI SDK
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.