how to become paytm agent

Paytm is an e-wallet money App. It is used by consumers and merchants to conduct money transactions digitally with the phones and the computers or other electronic devices. As we all know, as per the RBI rules all banks and e-platform services those who are dealing in monetary transactions have a need to update their database with KYC documents of their customer. And you can become a Paytm KYC agent.

How can I become a Paytm Agent?

Here are some steps to follow by which you can become a Paytm agent, follow the given instruction given bellow :

1. visit the Paytm registration official website for the Paytm agent.
2. After that, a new webpage will open up with the heading “Become our KYC Point“.
3. Details like name, mobile number, full address with state & pin code details need to be filled.
4. At last, you will be asked, if you have a fixed outlet with the option of yes or no. Give factual data since Paytm will send their representative to verify your above-filled data.
5. The second question that will be asked whether you are providing customer service to any other bank. If you select the yes option a message will pop up stating, you are not eligible to register as a Paytm KYC agent.

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Once you will have completed all the required details given by the Paytm, submit the form. After that, a message will be pop up showing that ‘shortly Paytm will contact you for further process. After that, you will have to wait for the response for the Paytm.

What Documents are required?

Paytm will as you for the company proof: 

           Use any one of the following documents given below:

• • Registration Proof
  • Shop Establishment Act Certificate
  • Regional State Registration certificate
  • Municipal Corporation Department Certificate/License
  • GST Certificate

PAN Card of Proprietor:

• A copy of the PAN card is required

Bank Account Details:

• Canceled Cheque / Bank Attested Letter, Bank Passbook, Account statement signed and stamped by Bank.

GST Document:

• GST Certificate or Declaration of GST Non- Enrollment

KYC of the Authorized Signatory:

• Use any one of the following documents

  • Driving License
  • Passport
  • Aadhaar Card
  • Voter ID Card
  • Negra Card

Shopfront Photo & LOB declaration:

• In case you are opting for Solutions for Your Retail Store, we additionally require Shop Front photograph capturing shop hoarding.
• In the case of the shop photo uploaded do not clearly depict the Line of business, LOB declaration is required.
• Checks for Shopfront Photo:
  • Shop Front Photo should be clearly visible with a display board/ Sun pack on it.
  • LOB should be clearly visible in the shop photo.
• Checks for LOB declaration:
  • The mentioned business name on LOB Declaration should match with the business name mentioned in the company proof document.
  • Signed & Stamped by the proprietor
  • The date should be mentioned

So here are all the Documents and the needs which will be asked by, at the time of applying for the Paytm Agent. If you have any kind of questions in your mind so ask by writing your comment below.