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Paytm Business: Get Paytm First Points as a reward of loyalty for accepting payments

Paytm launched a loyalty program for Paytm Business Account holders where merchants can earn points for accepting payments through Wallet or UPI.

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CIOL Bureau
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Paytm Business Merchant First Points

Recently, Paytm launched a new loyalty program for Paytm Business Account holders. In this program, all merchants are eligible to earn points for accepting payments through Wallet or UPI. Further, according to Paytm, you can accept payments from Paytm wallet, all UPI based payment apps and Rupay cards through the Paytm All-In-One QR code.

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For every Rs 100, you get one point if you accept through UPI. Similarly, if you accept payment through Paytm Wallet, you get 6 points. Also, one point transfers to 10 paise. You can use these points to redeem vouchers to recharge your phones and make utility payments like electricity bill. You can also purchase from the Paytm Business app. There is no limit on the points that one can earn through the program.

If you have Paytm business, you are automatically enrolled in the program. Then, merchants can view and redeem the earned points through the Paytm Business app. A merchant will be able to redeem points on the redemption section on the Paytm for Business App. The earned points are valid for one year.

Read More: How tech will shape the “new normal” in a post-Covid world

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What are some terms and conditions?

First, the minimum transaction value via Paytm wallet is Rs 15 and ₹50 for payment via UPI. Secondly, you need to have a Paytm business account. Next, there is no limit on how much a merchant can to qualify and earn 1 point. A merchant automatically earns points for Payments accepted. So the more payments you accept, the more points you earn.

If you are a Paytm Business Account holder, just upgrade to All-in-one QR Code for better business insights. Paytm urges businessmen to accept payments with the All-in-One Paytm QR, All-in-One POS and Paytm SoundBox.

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From Paytm's discretion, Paytm reserves the right to change offer terms at any time without prior notice. And in cases of fraudulent or suspicious transactions, Paytm solely reserves the right to revoke the offer.

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