paytm: Paytm Payment Gateway partners with StockHolding Corporation of India Limited – Newz9

Paytm Payment Gateway has entered right into a partnership with StockHolding Corporation of India Limited (StockHolding) to supply fee gateway companies. With this, Paytm PG will facilitate transactions on StockHolding’s web site and app. In addition to this, StockHolding customers may also have the ability to entry depository companies on their Paytm app.
With a community of over 200 branches, StockHolding is one of India’s largest Depository Participant and supplier of Custodial Services. Said to be pioneer of Demat companies within the nation, it manages over Rs 38 lakh crores in AUC (Assets Under Custody). Post the partnership, all transactions achieved on the platform will probably be channeled by means of Paytm PG.
Abhay Sharma, senior vice chairman, Paytm, mentioned, “We are happy to partner with StockHolding, which is one of India’s premier financial services provider to both corporates & individuals. With our technology-driven innovative payment gateway, we will enable ease of operations for StockHolding Clients, thereby moving towards a more efficient and digital way of managing their financial transactions.”
Paytm Payment Gateway processes transactions achieved by means of playing cards, UPI, wallets and internet banking. It presents companies like Payouts & Recurring funds, OTP much less card funds, instantaneous refunds and pre-authorisation move for addressing the wants of each B2B and B2C corporations.