1. Home
  2. / Blog

  3. / Online Business

  4. / How to Sell on Paytm: A Comprehensive Guide

How to Sell on Paytm: A Comprehensive Guide

Online Business

  • 10 Min Read
  • 3rd January, 2023
Jasmeet Kaur Wilku

By Jasmeet Kaur Wilku

How to Sell on Paytm: A Comprehensive Guide

Why You Should Sell on Paytm

In this blog post, we will tell you everything you need to know about selling on Paytm, and why you should do it. Paytm is one of the most popular online marketplaces in India. It is a one-stop destination for all your shopping needs, whether you are looking for clothes, electronics, or anything else. Paytm also has a huge user base, which means that there is a good chance that your target audience is already using the platform. Another reason to sell on Paytm is that it is very easy to set up your shop. You can be up and running in just a few minutes, and there is no need to worry about hosting or maintaining a website. Paytm takes care of all of that for you. Finally, Paytm offers a very competitive commission structure for sellers. This means that you can keep more of the profits from your sales, and reinvest them into your business. So, what are you waiting for? Start selling on Paytm today!

Setting Up Your Paytm Seller Account

Set Up Paytm Seller Account

Who can become a Paytm seller?

• An individual in their capacity may register and sell their goods through the Platform

• Sole proprietorships, limited liability companies and limited liability companies can be incorporated and registered with PAYTM. All transactions are processed through this entity

• Limited Liability Partnership can register itself as a seller

• A partnership company can also register itself

Required documents for Paytm seller registration

• Company, LLP, firm, or individual name is required

• The valid phone number of the legal entity that is self-registering

• Valid email address of the entity

• PAN Card – In the case of a corporation, LLP or partnership, the PAN card with the legal entity’s name is required, while in the case of an individual, the PAN card with the individual’s name must be presented upon registration

• Bank Account – The details of the company’s current bank account are required

• GST Registration – All businesses from April 2017 must be registered under Goods and Services Tax (GST). According to the government statement, all companies selling goods on an e-commerce platform must be registered under GST. This development has been in effect since April 1, 2017. The documents required for registration are:

• PAN card

• A voided cheque from the account where payments will be received.

• Aadhaar card

• An e-mail address

• Phone number

Steps to register as a Paytm seller

Step 1: All the above documents must be ready

Step 2: Go to the URL www.seller.paytm.com/login

Step 3: The “REGISTER” form must be completed by submitting all relevant details such as name, email address and documents

Step 4: For verification, an email will be sent to the registered email address and an additional SMS will be sent to the registered phone number

Step 5: Once the verification is completed, the KYC documents need to be submitted i.e. H. the proof of identity (PAN CARD) and proof of address of the legal entity or person

Step 6: The products are then cataloged. For the best user experience, you can hire a professional photographer and model to present your products in an attractive way

Step 7: The cataloged items can be listed on Paytm as well as displayed on your website. There are no registration fees for listing the products on Paytm

Step 8: Paytm charges a certain amount for hosting the products. Once all these steps are completed, the seller can start selling the products. As soon as the goods are sold, you will receive an e-mail confirmation.

How To Earn Profit By Selling On Paytm

Selling on Paytm and earning a profit!

• Creating a seller account on Paytm is easy and only takes a few minutes. Simply go to the Paytm website and click on the “Sell on Paytm” button.

• Next, you’ll need to create an account by entering your email address and password. Once you’ve done this, you’ll be able to log in and start listing your products.

• When listing your products, be sure to include clear and concise product descriptions. You’ll also want to upload high-quality photos of your products.

• Once you’ve created your listings, it’s time to set up your payment methods. Paytm offers a few different options, such as bank transfer, credit/debit card, and UPI.

• Once you’ve set up your payment methods, you’re ready to start selling on Paytm! Be sure to promote your listings on social media and other online platforms to get the word out. By following these steps, you’ll be selling on Paytm in no time!

Faq

Frequently asked questions?

Can I sell on Paytm mall?

Sellers can start selling products on Paytm Mall after creating a seller account and registering for a merchant account. The Paytm Mall Seller Account gives sellers access to an easy-to-use platform to manage their sales and inventory.

Selling on Paytm becomes profitable because of its reach and you can enjoy the benefit of regular orders. Paytm offers training for new sellers to familiarize them with the platform and the process. Additionally, sellers can turn to Paytm for financing solutions, enabling them to stock more products and sell more.

Paytm Mall claimed to have 100,000+ sellers looking to grow 3x.

It may or may not be a good investment but according to reports, Paytm's share price was hit the hardest among tech-driven platform-based public companies in India. The share price is down more than 64% from the issue price in November last year.

First, log in to Paytm Mall by entering your registered user ID and password. Note: Please ensure your brand is authorized for the products you wish to add to the listing. If you are not authorized, the system will display an error "Only allowed for authorized sellers".

Paytm shares closed at Rs 771.85 on Friday, recovering 4.66% over the last month. Sharma said the company is on track to become profitable by September 2023. "Up until 2019, the company focused on expansion, after which it focused on monetization through its payments and credit divisions," Sharma said.

Yes, you can issue a GST Non-Registration Statement or a GST Provisional Certificate. No GST document is required for traders whose annual turnover is less than Rs.

Courses

Did you find this blog useful? 😁

If you would like to learn more about Category, you can enroll in our category courses.

How To Start Your Home Business

Live Class
  • General

23 Apr-16 May23 Apr - 16 May

14 Days14 Days

Blogs

Online Business blogs that may interest you 🤩

Tips For Starting Your Own Baking Business

In this article, we'll share some tips which will help you in a long run. So let's get started!

20th December, 2022

6 Min Read

Read More