Paytm seller panel.
In the recent few years, the popularity of online shopping of various consumer products among common people is growing rapidly. Nowadays there is a craze for online shopping in all age groups all over the world. That why a large number of online marketing platforms like Amazon, Flipkart, Snapdeal, etc. are reaping huge profits in the online shopping Business. Here in this article, we are going to describe whole things that are related to paytm mall seller.
Why Paytm is so popular?
Unlike Flipkart and Amazon, who are operating for a long time as an online market platform. Online payment solution provider PayTM has recently entered the field of Online shopping business and gaining popularity due to its reliability, credibility, and affordable products available nationwide.
PayTM is fast becoming a popular online shopping platform for the sale and purchase of various types of consumer goods, health products, electronic items, etc. The backing of global online shopping platform Ali Baba has made PayTM a very reliable online platform for the sale and purchase of different varieties of electronic items, consumable goods, groceries, etc. So that paytm mall seller login easily and manage their inventory.
Paytm mall seller can Reach a large number of customers.
Nowadays, by becoming a seller on PayTM anyone can easily reach a large number of customers nationwide. And get regular orders from a wide range of consumers as compared to remaining a normal seller of consumable products in the offline local market. The growing reliability and credibility of PayTM may help sellers to easily reach a large number of customers all over India. Now if anyone wants to gain benefits of becoming a paytm mall seller. There is a very simple process of becoming a seller on Paytm. Now we will explain to you a simple procedure for registering as a seller central paytm.
PayTM Merchant KYC Documents.
For registration, as a seller on PayTM, to paytm business login, sellers will have to complete different types of registrations like PAN CARD, GST, and AADHAR CARD for completion of KYC.
- Secondly, they will have to convert all necessary documents into electronic form by scanning them. And then they should upload them to PayTM Website.
- Thirdly, they will have to complete a verification procedure which can be done via email, SMS, or Call through your registered Mobile Number or Email ID.
Note: For successful completion of the paytm registration process one must have a soft copy (electronic form) of the following documents:
- Identity Proof
- Business Registration Certificate
- Address Proof (Electricity Bill, DL, Passport, etc.)
- Scanned copy of Cancelled Cheque.
- If the seller's shop or outlet is on rent, they must have a scanned copy of the rental agreement.
Ways to register as a Paytm mall seller.
There are two ways to paytm register as a seller with PayTM, these are as follows-
Individual Seller
For registering as an Individual paytm mall seller, one should have the following documents ready with him-
- Bank Statement
- PAN CARD
- AADHAR CARD
Private Ltd Company.
For registering as a Private Limited Company following documents are required-
- PAN CARD of Company
- Company GST Number
- Company Address Proof
Registration Procedure of Seller on PayTM.
Registration as a paytm mall seller is a very simple and easy process that everyone should know before registering as a seller on PayTM. For Registration as a seller on PayTM, one has to follow the following simple steps online.
- Firstly, one should sign in to the PayTM Website and then visit the seller registration link. Now the user will get the instructions to enter his or her personal information. After that, he or she will have to submit an online form.
- Now the user will get an email or SMS from PayTM for verification purposes. In the next step, the user will have to upload scanned KYC documents. (Business related information and Business address) on PayTM Website.
- Users will get instructions to accept PayTM terms and conditions for becoming sellers on Paytm.
- After accepting the terms& conditions users' applications will be approved by the PayTM. And the Users seller account will be created by the PayTM.
Documents required for registration as a seller on PayTM.
The Main documents necessary for registration as a seller on PayTM are given below;
- Email ID
- GSTIN Number
- Canceled Cheque
- Registered Mobile Number
- PayTM Password
- Address Proof like- AADHAR CARD, Electricity Bill, PAN CARD, etc.
- Digital Signature with Company Stamp
- Trade Mark Certificate
- Authority Letter
- Purchase Invoice
After creating paytm mall seller Account Users can sign in PayTM Website and make use of PayTM Unified Dashboard to display their consumables, health products, or electronic items. Sellers can also make use of PayTM Dashboard for the promotion of their items by creating various attractive deals and discount coupon on different products (Consumable/ electronic items)
Note: paytmmall seller can display their products on PayTM only after PayTM Seller registration process is completed.
What to do after seller registration on Paytm?
After paytmseller Registration on PayTM , when a customer makes a purchase of Sellers items displayed on PayTM dashboard. The seller will instantly get instructions from PayTM to send the product via courier to the customer, and confirm the shipment of the product to the Customer. As soon as the customer gets his purchased item, the PayTM will then start the process of depositing money to the paytm mall seller bank account. This process will take 2 to 7days of time. Now the seller has to pay a nominal commission to the PayTM. PayTM also takes courier charges from the seller.
Note: Courier Charges are included in product pricing. Usually, seller paytm can send their consumable/ health products or electronic items via their own courier service or they can take services of PayTM Approved courier Agents.
Benefits of Selling On PayTM.
Some Major gains for becoming a seller on PayTM are given below:
- An offline seller of the local market can easily reach a large number of customers nationwide without making any extra efforts.
- A PayTM Seller can get regular orders through PayTM in comparison to irregular orders in the Local Offline Market.
- A PayTM customer can get the advantage of PayTM Reliability.
- Sellers can get 24*7 orders from customers via PayTM
- Now day customers prefer online shopping in comparison to offline shopping in Local markets where there is less choice of variety in products. That why PayTM sellers have an advantage over local sellers.
- While selling through seller.paytm also get Protection against buyer fraud or product damage, with the help of PayTM seller support facility.
- Along with this PayTM also provides training to the new sellers for making them comfortable while selling through PayTM by giving them knowledge of benefits and process of Selling through PayTM.
- On PayTM sellers get the advantage of giving a variety of items to their customers. Which attracts customers of all age groups
Legal registration requirements for Paytm seller.
If any seller wants to be registered as a paytm mall seller has to complete the following formalities to get paytm seller account:
- Registration of the company: Anyone who wants to register as a seller on PayTM. The seller should register as a sole proprietor or as a company.
- Tax Registration: Once a seller forms his or her firm or company. It’s compulsory to register the organization under GST. This process is essential to avail tax benefits as a registered GST Trader.
- Bank Account: Once Seller completes GST Registration. A bank account opening in the name of a firm or company is necessary. This will help in receiving payment of sale via PayTM
- Ware House Details: A seller should also provide Warehouse details with Pin code (From Where items will be picked by the courier partner) to the PayTM.
- Trade Mark: when a seller wants to be registered on PayTM. A seller who sells its products under a label. To avoid misuse of sellers Brand name and credibility. The seller should apply for Trade Mark before Registration with PayTM.
Note: Once seller fulfills all these Terms and conditions he or she can easily register and start selling on PayTM after paytm seller login.
Why you should become a seller on Paytm?
In recent few years due to the fast growth of e-commerce business in India, a large number of online shopping platforms like Amazon, Flipkart, PayTM, etc. are available for offline traditional sellers who now want to sell their stock online. For this purpose PayTM is fast becoming a very popular Online market Platform for sellers due to its credibility and reliability among online sellers. After registering as a seller, on Paytm. A seller can reap many benefits as an online seller on PayTM like:-
- The reliability and credibility of PayTM help a seller to reach a large number of customers who prefer online shopping in comparison to offline shopping in the traditional market.
- A seller is free from the headache of purchasing or maintaining a Website or APP to display their product catalog.
- A seller gets more attention from customers than in traditional Offline shops or company outlets.
Why it is preferable to take the help of professional?
If you are a New Seller, and not comfortable, with following the PayTM seller registration procedure. You can easily take the help of Tax advisory- India Leading Legal Service Provider, to register as a seller on PayTM. We can help a new seller in registration as a PayTM Seller on the PayTM Portal in the following manner: -
A new seller who wants to register as a seller to sell on paytm. Tax Advisory will help them in VAT Registration.
Along with this Tax Advisory may help the seller in completing all other legal compliances for registration as a seller on PayTM like GST registration etc. We may also help a new seller, who wants to sell on paytm signup on the PayTM website.
Our Procedure of completing Paytm seller registration.
We may help the seller in completion of all formalities of the paytm merchant registration process on the portal which include the following simple steps:
We provide one-stop solutions for completing all formalities and legal compliances that are required for registering as a seller on PayTM and process his application within 24 hours.
Conclusion.
Thus, to conclude that becoming a Seller on PayTM is beneficial for all Offline sellers still selling their products in the local market. As with the help of PayTM’s online platform, Offline sellers can easily reach a large number of customers all over India. Along with this, they can get regular orders of their product as compared to occasional orders in local Market. The reliability and credibility of seller paytm mall give them added advantage over other sellers.
While the paytm merchant registration process is very simple and easy but if a new offline seller of Traditional Market is unable to complete all legal and other formalities himself. He can easily take the help of Tax Advisory- India's Leading Legal Service Provider, in completing all legal and other formalities required for becoming paytm online seller.
Frequently Asked Questions
Yes, but there are some concerns like when you buy any product on Amazon you are doing a B2C transaction, which means you do not have GST input from This Purchase, So when you sell this product on PayTM You are liable to pay GST on 100% of Sale Value.
PayTM offers two platforms i.e. website and App for sale to increase the sale and visibility of seller paytm mall items so that they can reach a large number of people across the country. By becoming a PaytM Seller any seller doesn’t need to maintain or market his or her e-commerce website. All he has to do is to focus on his sales.
If any seller wants to be registered as a seller on Paytm a seller has to complete the following formalities: Registration of the company, Tax Registration, Bank Account, Ware House Details, & Trade Mark.
This is quite difficult because in that case, you need to sell only tax-exempted items.
PayTM has a simple, interactive and User-friendly dashboard to display seller. item. Seller has to simply manage his or her inventory.
Paytm full form is Pay through Mobile. Which is an an e-commerce shopping website based in Noida, Uttar Pradesh, India.
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