Paytm Mall Seller Guide
Introduction
PayTM serves Indian buyers and other people trying to find payment services. it’s the backing of Alibaba and one can expect it to be sophisticated, which it’s. aside from recharges, money transfers, and payments, PayTM also offers a marketplace platform for people to sell online. Paytm has over 10 crore customers, serves over 39000 PIN codes and 100000 merchants in over 500 categories. cash in of the eCommerce boom and leverage the facility of PayTM to become a seller. the way to sell on PayTM is straightforward with the subsequent guidelines.
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Why Apply To become PayTM Seller?
The Indian online marketplace is dominated by Flipkart and amazon but PayTM is creating waves and it’s headed right to the highest. PayTM has excellent credentials because it’s backed by Alibaba, the worldwide B2B online marketplace. Once a web payment facilitator, PayTM has diversified into the retail space and sells dozens of products on its e-commerce site with a pan India reach. There are ok reasons to become a seller on Paytm. One is that it reaches bent 11 crore customers. it’s over 65000 sellers in 600 categories. PayTM makes it easy for sellers to register and begin selling from day one with the smallest amount hassles. Once you register you’ll expect a gentle stream of orders and a voluminous growth in your business.
How To Create Seller Account
Points to stay in mind – read this first:
You would have the best to possess PAN registration, GST registration, and Aadhar card registration and scan all documents into electronic format to upload to PayTM during the registration process.
Keep your mobile handy with you to finish the mobile verification process. you’ll get an SMS or call.
Keep your identity proof, business registration certificate and address proof scanned and prepared in electronic format.
Keep a ready scanned copy of the cancelled cheque.
Keep a ready scanned copy of address and identity proof (Electricity Bill, driver’s license, Passport Copy)
If your premises are rented keep a scanned copy of the rental agreement ready.
You can register as a private seller or as a corporation. Appropriate documents must be kept ready for every type. If you’re registering a private then you would like to possess a ready statement, PAN, and aadhar. If you’re registering as a corporation, then the corporate PAN, GST, address, registration, and other details must be made available.
Register
Log on to the PayTM site and navigate to the PayTM seller registration link. The page opens and you’re asked to input your details after which you submit the web form. You get an email for verification and therefore the mobile number is additionally verified. After this, subsequent tread on the way to sell on PayTM is to finish the PayTM registration is to update business information and address also as providing KYC documents. You comply with the terms and conditions. Your application is approved and you’ve got created your PayTM seller account. you’ll now start listing your products and update the web catalog on PayTM.
Documents Required For Registration On Paytm –
1. Mobile number
2. Paytm password
3. E-mail id
4. GSTIN Number
5. Cancel Cheque
6. Address Proof (Adhar Card, Electricity Bill, Telephone Bill)
7. Pan Card
8. Digital Signature With Company Stamp
9. Trademark Certificate
10. Authorization Letter
11. Purchase Invoice
Sell And Manage
Once the PayTM seller account is made you’ll log in and use the PayTM Unified Dashboard to manage your storefront and inventory. you’ll use the dashboard to make coupons, deals, and promotions. you furthermore may enjoy PayTM seller support and sellers also can make use of the PayTM seller app to manage their activities.
List products after the PayTM seller registration process are complete and approval is received. Sell products on PayTM and luxuriate in the advantage of their nation-wide reach. The customer buys a product and you get instructions from PayTM to ship the merchandise and ensure shipment. The customer receives product and PayTM then initiates a process to deposit money into your checking account. This takes about 2 days to 7 days counting on which day of the week the merchandise was delivered. you’ve got to pay seller fees to PayTM. The commission varies from one category to a different. PayTM also charges Rs. 45 (approx) for a 500-gram parcel towards courier charges. Usually, shipping charges are included in product pricing. If the merchandise price is below Rs 500 then you’ll show shipping charges as extra. If the merchandise weighs quite 10 kg then PayTM charges Rs 20 per kilo towards shipping. you’ll ship through your own courier or use PayTM approved courier partners.
Apart from the standard PayTM seller support, there’s protection for sellers against buyer fraud or product damage during shipment and theft. Selling on PayTM becomes profitable thanks to its reach and you’ll enjoy the advantage of regular orders.
PayTM offers training for brand spanking new sellers to familiarize them with the platform and process. additionally, sellers can address PayTM for financing solutions and thus become ready to stock more products and sell more.
Tip: If you would like to be a significant seller on PayTM, it’s better to make personal Ltd. limit your liability. The registration process takes but every week provided all documents are so as. Know more from seller.PayTM.com.