Paytm Introduces Paytm UPI SDK, Revolutionizing Merchant Apps with Fast UPI Payments

Paytm UPI SDK Empowers Merchants with Quick and Reliable UPI Payments

One97 Communications Limited (OCL), the parent company of Paytm, has introduced the Paytm UPI software development kit (SDK), a groundbreaking solution designed for merchant apps.

This innovative SDK enables seamless UPI payments, ensuring quick and fail-proof transactions for merchants and their customers.

A Game-Changing Product for Merchant Apps

Fail-Proof and Superfast UPI Payments:

Paytm UPI SDK offers an industry-first solution that enables fail-proof and superfast UPI payments directly from the merchant's app. By leveraging this SDK, merchants can provide their customers with a seamless payment experience without worrying about payment failures.

Lightweight and Powerful:

Paytm UPI SDK sets itself apart by being the lightest SDK in the market. Its compact size ensures that the merchant's app remains lightweight, enhancing the overall user experience. Despite its small size, the SDK retains all the powerful features of UPI, empowering merchants to offer a robust payment solution.

Customizable UI Themes and Priority Support:

With easy and low-code integration, Paytm UPI SDK provides merchants with the flexibility to customize UI themes to align with their brand identity. Additionally, the SDK comes with priority customer support, ensuring that merchants receive timely assistance whenever needed.

Streamlined UPI Payments Process for Merchants and Customers

Seamless Transactions: Paytm UPI SDK eliminates the need for external redirection, streamlining the payment process for both merchants and customers. Users no longer have to switch between the merchant's app and a separate payment app to complete transactions, resulting in faster and hassle-free payments.

Reduced Transaction Time and Failures:

The simplified UPI payment flow offered by Paytm UPI SDK reduces the number of steps required to complete a transaction. This reduction in transaction time significantly lowers the chances of payment failures, benefiting both merchants and customers.

Future Expansion and Enhanced Payment Options

Continual Innovation: Powered by the technology of Paytm Payments Bank, Paytm UPI SDK is distributed to existing online merchants through Paytm Payments Services Ltd, a wholly-owned subsidiary of OCL. The company remains committed to driving innovation in mobile payments and empowering its merchant partners to grow their businesses.

Expansion Plans:

Paytm UPI SDK currently supports payments from UPI-linked bank accounts and RuPay credit cards. The company has plans to expand its capabilities to support payments with UPI Lite, which will further eliminate transaction failures for small value payments.

Conclusion:

Paytm's introduction of the Paytm UPI SDK marks a significant milestone in India's payments landscape. By providing merchants with fail-proof and lightning-fast UPI payments directly from their apps, Paytm is revolutionizing the way transactions are conducted.

As Paytm continues to innovate and enhance its offerings, merchants can leverage this powerful SDK to provide a seamless payment experience, boosting customer satisfaction and driving business growth.