Shopify Merchants Can Now Integrate Paytm Payment Gateway to Simplify Consumer Checkout Experience

Trusted by millions of businesses worldwide, Shopify provides e-commerce platforms with various features to meet ever-changing consumer needs. One of the features that Shopify merchants can benefit from is payment apps. These are public applications distributed to merchants for integration with Shopify websites. Payment apps are integrated by merchants to accept payments through wallets, cryptocurrencies, bank transfers, debit cards, credit cards, etc.

In a recent development, Shopify announced that it allows third-party partners to build their gateways as payment apps for Shopify merchants; and Paytm payment gateway is also part of this integration. This new update was announced at Shopify Unite 2021 and will allow merchants to have access to a wider range of payment methods. The idea is to keep up with the changing times and help merchants provide a seamless customer experience by allowing them to pay using their preferred payment method.

Migrate to a new payment platform

Currently, Shopify supports the Hosted Payment SDK (HPSDK) Integration as a link between a merchant’s checkout page and Shopify’s checkout. All HPSDK integrations involve a full page redirect during the checkout stage of Shopify to provide a standardized interface for all third-party/external payment gateways.

As per Shopify Payments Platform announcement, existing HPSDK integrations have been deprecated. Therefore, Shopify merchants had to migrate their websites to the new platform. Affected merchants had to install the new payment apps.

Launched in June 2021, the new Shopify Payments Platform offers a new way to integrate third-party payment gateways into Shopify Checkout, unlocking new sales growth opportunities for merchants. Powered by Shopify’s latest payment technology, the new payment platform will help Shopify merchants in India sell more and reach more people across the country.

What’s in store for Shopify merchants?

The new Shopify Payments Platform aims to deliver an enhanced merchant experience through app extensions and a custom onboarding flow. With the arrival of new payment methods such as digital currencies, the platform wants to help merchants respond to changing dynamics.

Choose the right payment gateway

Shopify now offers merchants the option to integrate third-party payment apps, merchants need to choose the right platform. As India’s leading digital payment platform, Payment provides a host of advanced features to meet your payment needs. Ultimately what matters most to your business is providing a seamless payment experience for your customers and Paytm is here to make your life easier.

Paytm has been leading the fintech space for over a decade now and its payment gateway is one of the essential products for online businesses in India. From easy onboarding to high security, fast checkout to multiple payment methods, there are multiple benefits to using as your gateway partner. If you are a merchant on Shopify, here is a list of benefits you can enjoy by using the Paytm payment gateway:

  • It is simple to integrate, activate and easy to use
  • Allows your customers to use their preferred payment method without any hassle
  • Supports multiple payment sources
  • Uses the latest technologies to ensure transaction security for you and your customers
  • Direct integration with top banks and networks in India
  • Available at an affordable price
  • Simple and fast payment functionalities are available for your customers
  • Faster payment settlement
  • For those looking to expand their business globally, the Paytm gateway also supports international payments
  • Approved by most major Indian brands

As a Shopify merchant, here’s how you can migrate to the new Paytm payment platform:

1: Log in to your Shopify account, then click ‘Settings’

2: Click on ‘Payments’.

3: Click on Additional payment methods and go to the “Search by supplier” section

4: Search for ‘Paytm Payment Gateway’ and click ‘ Enable’

Integrate Paytm payment gateway with Shopify.

1: Click on ‘Relate’.

2: Click on ‘Install’.

Create your merchant ID on the Paytm dashboard

1: After clicking on install, you will be redirected to the Payment for businesses dashboard.

2: To continue, enter your professional and bank details, then click on ‘Proceed’.

This will activate your account with an initial limit of up to Rs.50,000 per month.

Note- Although you can then start accepting payments up to a limit of Rs. 50,000 on your Shopify store using the Paytm payment gateway, but your payments will be suspended until the documentation is complete. You can always return to your Paytm for Business dashboard to complete documentation and activate settlements by clicking Download documents.

3: Now go back to the Shopify panel and the Payments page looks like this. Click on Activate the Paytm payment gateway.

4: You will get the message ‘Paytm Payment Gateway Activated’ on the screen

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