Unable to pay bills for your small business? Try this
What's the story
For small businesses, paying bills on time is crucial to keep the services running smoothly.
Thanks to the digital era, mobile apps like Paytm have made this task much easier, particularly on Android devices.
This blog post offers a detailed guide on how to use Paytm for business bill payments, covering everything from installing the app to finalizing transactions.
Download and setup
Setting up Paytm for business use
First, download the Paytm for Business app from the Google Play Store or Aptoide.
After downloading, install it on your device.
Then, log in with your existing credentials or register as a new user.
This crucial first step ensures the app is customized for your needs and all transactions are secure.
Bill payment process
Making bill payments effortlessly
Launch the Paytm app and tap on the "Recharge and Pay Bills" option.
Choose the bill you want to pay (for eg. electricity bill)
Select your service provider by entering your state and electricity board, then enter your account number and mobile number.
Verify the bill amount shown before selecting a payment method like UPI or debit card.
Provide all the required details and click "Pay" to complete the transaction.
Real-time tracking and QR payments
Enhancing business operations with Paytm
Paytm provides real-time payment tracking via SMS and push notifications, ensuring you're always informed about your financial transactions.
For businesses accepting regular payments, using the All-In-One QR Code feature streamlines the process for customers.
Plus, you can easily manage your finances by issuing refunds, checking bank settlements, and reviewing your business performance right from the app.