What is Paytm mall? Paytm mall Review, Features

Paytm mall is an online trading platform launched by Paytm E-Commerce under Paytm brand parent company one 97. The main device is the mobile terminal, and the products sold include: electronics, mobile phones, fashion apparel, household items, accessories, jewelry, electrical appliances, mother and baby, etc.

About Paytm Mall

Since its launch in February 2017, Paytm mall has rapidly developed into India's leading mobile e-commerce platform, quickly attracting merchants to join. According to Amit Sinha, Chief Operating Officer of Paytm mall, Paytm mall is looking for a light inventory operation model, focusing on helping traditional merchants attract consumers. It also stated that the platform has more than 75,000 merchants and monthly sales exceed US$250 million.

How to register as a seller in China

1. Contact the investment manager of the Paytm platform and submit the relevant information for review and activation.

2. Self-registration and activation online, suitable for corporate sellers to settle in Paytm.

3. Traditional agency method, opened through Indian corporate agency. Currently, individual sellers can choose this method.

Registration information for Chinese sellers

Business license number of the enterprise (three certificates in one);

Scanned copy of business license;

Company registration name;

Legal person's ID number;

Company registration address;

Scanned copy of the legal person's ID card (front and back);

Operator (contact person) name, telephone number and address;

Paytm Store Name;

Registered email address (this is very important, all Paytm emails will be sent through this email address);

Location of the company;

Enterprise type (factory, brand, trader);

Total number of SKUs of the enterprise;

Annual turnover of the enterprise;

Paytm store category selection;

Store links on other platforms (Amazon, eBay, AliExpress, etc.);

Screenshots of sales data of stores on other platforms for the past month;

Choose a cooperative channel for check-in (there are many agency partners in China, and you can also choose others).

Platform Fees

Paytm platform charges a uniform 15% fee regardless of category, including platform commission, gateway fee and Indian tax, as follows:

Settlement process

1. Enter the Paytm mall seller center. You can enter through the official website (Paytm.com) or directly enter the URL.

2. The first screen of the seller center shows the registration channel for local Indian companies. Move the page to the international seller page and select Chinese seller registration, as shown in the figure:

3. Follow the on-page prompts to fill in or upload company-related information.

4. After the registration is completed, the Paytm platform staff will review it, which usually takes 1 to 3 working days. If it is approved, a registration success email will be sent to the email address filled in by the enterprise, and then you can set a password.

5. The seller’s registration is completed and he/she will receive a MID number.

6. Sellers can use their MID number for brand authentication, provided that they are already Paytm sellers and have brand qualifications.

7. Fill in or upload brand-related information as required on the page and submit the registered brand.

Specific content includes:

MID number (only available to sellers registered in Paytm);

The category to which the brand belongs;

The total number of SKUs that the store has on Paytm;

Business license number (or three-in-one license number);

Company name;

Contact person's name and phone number;

Register email address;

Brand name;

Total SKU quantity of the brand;

Additional brand information (brand introduction or supplementary information);

Links to official websites or other third-party brand stores;

Brand qualifications (trademark registration certificate or trademark registration application acceptance notice - the platform gives priority to reviewing registered brands in the United States, Europe and other regions, and domestic brands can be used);

Letter of authorization (provided by the brand agent).

Precautions

1. One thing you need to pay attention to when choosing a store name is not to use sensitive words.

2. The registered email address is very important. After registration, all email exchanges between the Paytm platform and the seller will be conducted through the registered email address.

3. An enterprise can register multiple stores, but it is recommended not to register too many, because Paytm has few restrictions on sellers' stores, and one store can sell all categories of products.