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
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