Business Standard

Good news for media websites, users: Paytm introduces auto-debit feature

After a one-time authorisation, the subscription amount will be auto-debited from Paytm wallet

Paytm
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Advertisements of Paytm, a digital wallet company, are seen placed at stalls of roadside vegetable vendors in Mumbai (Photo: Reuters)

BS Web Team New Delhi
In an effort to streamline the billing process of companies that run on cloud-based digital subscription revenue model, digital wallet company Paytm has introduced an auto-deduct feature by which monthly or annual subscription fees will be directly debited from users' Paytm wallet.

To enable the service, developers can log on to paywithpaytm.com/developers and download the relevant API to enable the service. After a one-time authorisation by the customer, the subscription amount would be auto-debited from the customer’s Paytm wallet at a given interval.

“Our easy-to-integrate subscription billing service would make payments easier and seamless than ever before while allowing new-age

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