The right way to open a Paytm retailer?
First, the outline of working mode
Chinese language sellers opened accounts by way of Indian company firms and bought them on the Paytm e-commerce platform within the B2B2C format.
Chinese language sellers have full management over the Paytm account vendor again workplace, and the company firm is accountable for submitting tax returns and funds in India.
• Indian authorities tax declaration: 30% of gross sales order quantity.
• Company firm taxes and charges embrace Indian customs duties, the VAT of merchandise gross sales, company earnings tax, administrative charges, and so on..
• Observe-up ratio changes, for instance, will likely be notified one week prematurely.
Second, the prices on Paytm retailer
All classes are unified by 15% and embrace the next gadgets:
• Market Fee – 10.3%
• Fee Gateway (PG) price – 2.7%
• Paytm e-commerce platform must be turned over to India’s authorities Service Tax – 2.0%
Particular be aware: Within the case of return or cancellation of orders, the platform will nonetheless cost 2.7% cost gateway price, and the corresponding withholding service tax of this price is 0.405% (2.7%*15%), with a complete of roughly 3.1%
Third, paytm registration issues needing consideration
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Register E-mail: Please don’t use the worker’s private e-mail (worker resign will result in e-mail change), so far as potential to organize a devoted mailbox for Paytm.
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Retailer identify: Please don’t use delicate vocabularies equivalent to China, India, Chinese language place names, and Official Retailer.
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Contact particular person/phone particular person: The one who is accountable for
the Paytm venture have to be linked to the phone to facilitate
contact with the official or funding agent. -
Don’t permit a vendor to register a number of shops. Paytm has no restrictions on retailers. A retailer can promote all classes.
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After registering, Paytm will overview the vendor’s qualification
(Company Enterprise Registration info is appropriate). After the
audit is accomplished, the vendor will obtain a profitable e-mail
within1-Three enterprise days. Presently, the vendor can log in and set a
password.
Fourth, the account login step
After the account registration is profitable, the registered e mail will obtain the mail:
(The Retailers Agent has knowledgeable that the account has been registered efficiently, however the vendor has not obtained the e-mail, please suggestions to the funding agent in time)
Please observe the steps under to confirm your account and create your password:
Step 1: Open the hyperlink https://vendor.paytm.com/login
Step 2: Click on on “Log In” within the higher proper nook of the web page.
Be aware: Don’t enter E mail ID, Mail, Cellular Quantity, Password on the web page. Don’t register on an Indian cell phone.
If there may be an error – Login Failure, observe the steps under to arrange the pc and take a look at:
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– Clear your browser historical past
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– Clear your browser cache
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– In case of log within the error popup involves click on on Okay. Then within the
URL bar enter this URL https://vendor.paytm.com/forcelogout.
Please attempt logging in with a distinct browser to open the login pag.
Strive opening the login web page with Google Chrome browser mode (Incognito).
Step 3: Enter the e-mail handle supplied by your registered account and click on “check in”.
Step 4: Enter the password twice in ‘create password’ and ‘confirm password’ and click on achieved.
Step 5: The registered e mail will obtain a immediate e mail for profitable password creation. Open the e-mail and click on the verification hyperlink.
If a Cellular Verification web page pops up, please watch for 1 working day earlier than attempting once more. (Paytm must cancel cell verification steps for cross-border sellers. This course of will take 1-2 days.)
Should you nonetheless want cell phone verification code login after Three working days, please contact the funding company that will help you resolve your account login downside.
