Paytm Settings
Overview
Paytm Settings – Business Overview
Paytm Settings is used to configure and manage how your business accepts digital payments through Paytm within Dafater. This document acts as the central control point where your organization defines how Paytm payments are received, processed, and tracked as part of daily business operations.
It ensures that customer payments made via Paytm are correctly recognized, authorized, and reflected in your financial records.
Purpose in Business Operations
Paytm Settings allows your business to: - Enable Paytm as an official payment option for customers - Ensure smooth and reliable collection of online payments - Maintain consistency between customer payments and internal records - Support faster payment cycles and improved customer experience
Without Paytm Settings, Dafater cannot process or recognize Paytm-based transactions.
Prerequisites and Setup Requirements
Before using Paytm Settings, the following should be in place: - An active Paytm merchant account registered in your business name - Approval from Paytm to accept online payments - Clear internal policies on how digital payments are handled and reconciled - Decision on which business unit, branch, or activity will use Paytm payments
This setup is typically handled once and reviewed periodically.
Typical Workflow and Business Fit
Initial Configuration
A finance or operations manager enters the required Paytm account details into Paytm Settings.Activation
Once saved and approved, Paytm becomes available as a payment option across relevant customer-facing processes.Customer Payment
Customers choose Paytm while making payments for invoices, services, or products.Payment Confirmation
Payments received through Paytm are automatically recognized and marked against the appropriate business transaction.Ongoing Monitoring
Finance teams monitor payments, resolve exceptions, and ensure collections match Paytm settlements.
Key Business Scenarios Where Paytm Settings Is Essential
- Online sales and e-commerce collections
- Customer invoice payments through digital channels
- Advance payments or deposits via Paytm
- High-volume, low-value transactions where speed matters
- Businesses targeting mobile-first or cashless customers
In all these scenarios, Paytm Settings ensures payment reliability and operational efficiency.
Important Considerations for Users
- Paytm Settings should only be managed by authorized finance or operations personnel
- Any change in Paytm merchant details should be updated immediately to avoid payment failures
- Regular reconciliation between Paytm settlements and internal records is essential
- Test payments should be verified before rolling out Paytm to customers
- If Paytm is temporarily unavailable, alternative payment methods should be ready
In summary, Paytm Settings is a critical business configuration that enables secure, efficient, and customer-friendly Paytm payments within Dafater, supporting smooth cash flow and modern payment expectations.
Basic Information
- Module: Payment Gateways
- Document Type: Other
- Type: Single (Configuration)
Fields
| Field Name | Label | Type | Required | Options | Description |
|---|---|---|---|---|---|
| merchant_id | Merchant ID | Data | ✓ | - | Unique Paytm merchant identifier used by Dafater for transactions |
| merchant_key | Merchant Key | Password | ✓ | - | Secure Paytm merchant secret key for authenticating Dafater payment requests |
| staging | Staging | Check | - | Enable Paytm staging environment for testing transactions without real money | |
| industrytypeid | Industry Type ID | Data | - | Paytm-assigned industry classification required for processing merchant payments | |
| website | Website | Data | - | Registered merchant website or app domain shared with Paytm |
Permissions
| Role | Read | Write | Create | Delete | Submit | Cancel |
|---|---|---|---|---|---|---|
| System Manager | ✓ | ✓ | ✓ | ✓ |