Are you using or planning to use multiple payment providers? Do you want to improve your payment success rates? Are you worried that your technical team will have to spend efforts to integrate multiple payment providers instead of developing actual business requirements?
Paytm’s AI Powered Router helps you route payment transactional traffic between multiple payment providers using our proven routing engine that helps you achieve high payment success rates. All this can be achieved with only one developer friendly integration providing you quicker time to market and let us handle the integrations with multiple payment providers.
This also comes bundled with our flagship product Paytm Assist which helps to boost success rates by providing a quick checkout experience. Some of the features of Assist include -
Auto Read / Submit OTP
Saved Cards across all providers
Optimizing netbanking login screens for mobile
Remembering netbanking login username
Get in touch to request access to this payment router solution.
Demo of Intelligent Router
Supported Gateways and Payment Methods
We provide you powerful Paytm Dashboard where not only you can view advanced analytics on transactions, sales and success rates but can also manage different payment providers in “Manage Gateways” section. As a default option, Paytm payment gateway will be added and enabled. Below are different payment providers and payment methods we support as part of our product offering today.
We are constantly working to add payment providers and payment methods to this list based on business requirements. Are you interested in this product and do not see payment provider/method you are looking for in above list? Get in touch to request and we will be happy to discuss and integrate the same for your business.
Overview of payment processing via Paytm Intelligent Router
User visits your website or mobile application
User adds goods/services into the shopping/order cart and proceeds to checkout
Notify the payment status to user and proceed with the order/service fulfillment
Steps in processing payments 1-4
STEP 1: Get your authentication keys
This can be retrieved from API Keys section on Paytm Dashboard.
MID: A unique merchant identifier issued by Paytm for your account
Merchant Key: This is a unique secret key used to secure encryption of every request. This needs to be kept on server side and should not be shared with anyone.
STEP 2: Get Transaction Token
When user clicks Pay on your website or mobile app, create an order in your backend system and call Initiate Transaction API
Paytm validates your details and return the TXN_Token
Paytm validate the TXN_Token and returns all available payment options for this transaction
You render the payment page with these options on your website or mobile app
STEP 4: Get Payment Instrument Details
After your customer selects an option on the payment page, call respective payment instrument API to get further details -
Customer selects following options for Payments:
Customer selects saved cards for payment: If your user has saved cards, calling Fetch Payment Option API will return all the saved debit and credit cards user has with Paytm with following details
Card network type (VISA, Master, AMEX etc.)
Card issuing bank
First 6 and last 4 digits of card no
CVV required
for maestro cards CVV and expiry is not required for transaction
CVV length
Current success rate of payments on this card
you can consume the same and display the message to end consumer so he can choose any other payment method
Customer selects new Debit/Credit for payment:: Call Fetch Bin Detail API with first 6 digits of the card after user has entered them to get the following card details -
Card network type (VISA, Master, AMEX etc.)
Card issuing bank
CVV/expiry date required
for maestro cards CVV and expiry is not required for transaction
CVV length
Current success rate of payments on this card
you can consume the same and display the message to end consumer so he can choose any other payment method
Customer selects Net Banking for payment: Call Fetch Payment Option API. Paytm returns top 5 banks which are configured on your MID and having most no of transactions. If user wants to pay with any other bank, call Fetch NB Payment Channels API to get all available banks.
Paytm validates the details of your request and returns the response as per the payment mode.
Note: Paytm will use it’s intelligent routing algorithm and also configured routing rules (if any) to determine the payment gateway provider to route a particular transaction in real time.
Paytm Wallet, Other Wallets, Net Banking, BHIM UPI Collect: Paytm returns the bank redirection URL using which you redirect the user to bank page to complete payment. After payment, bank redirects user back to Paytm and we redirect user back to your payment confirmation page
Saved and new Credit/Debit/Prepaid cards
You redirect the user to bank page
User completes the transaction on bank page
Bank redirects user back to Paytm
Paytm Redirects the user back on your payment confirmation page
STEP 6: Verifying Payment
You should always validate transaction response via server side request using Transaction status API . This API requires checksumhash in request and its verification in response. The status should be treated as the final status of the transaction in all cases.
On completion of your integration
Post completion of integration on your staging environment, do a complete transaction from order summary page on your website or mobile app
Ensure you re-verify transaction response with Transaction Status API via server to server call in payment flow and not separately as a one time activity
See the transaction details in “Test Data” mode on your dashboard
