PaymentsNews

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Paytm launches ‘Instant Bank Settlement’ for its merchant partners

“One97 Communications Limited owned Paytm has launched ‘Instant Bank settlement’ facility for its 9.8+ million merchant partners allowing them to settle payments immediately or at any other time they find suitable. The ‘Instant Bank Settlement’ feature is available in the ‘Paytm for Business’ app where the merchants can track their payments and settlements in real-time, for […]

On The Wires

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linked2pay launches Instant Merchant Settlements

“The merchant enrollment and boarding process utilizes a pending patent to instantly authenticate ownership of a debit card (connected to the merchant bank account) so that the secure delivery of service can be initiated. Once boarded for IMS the approved merchant can set individual preferences for the settlement thresholds and schedule.”