If​‍​‌‍​‍‌​‍​‌‍​‍‌ you want to start accepting digital payments, upgrading your business would be as simple as getting a Paytm swiping machine. No matter if you have a shop, salon, food outlet, mobile service, or a home-based business, Paytm makes the procedure of onboarding very easy, however, you still need a few important documents for completing the process.

A great number of vendors who want to buy a swiping machine for Paytm in Chennai and are wondering about the necessary documents for the process. The positive thing is that Paytm’s KYC and confirmation procedures are not complicated, quite fast, and convenient for merchants.

Following is a simple explanation of all the documents you are going to need, as well as the reason for each.

Paytm needs proof of identity that is valid to authorize the merchant's identity. Out of the following, you may present only one:

  • Aadhaar Card

  • Passport

  • Voter ID

  • Driving License

  • It is a method that allows an ensured that the cardholder is the proper business owner.

In order to provide evidence for business or even your permanent address, it is possible to utilise one of these documents:

  • Aadhaar Card

  • Rental agreement

  • Electricity bill

  • Gas connection bill

  • Bank passbook with an address

Paytm will be able to provide support services, installation, and delivery when you have accurate address confirmation.

If the business that you are running is already registered, Paytm may ask for the documents that prove the identity of your company. These are the documents:

  • GST certificate

  • Shop & Establishment Certificate

  • MSME registration

  • Partnership deed (for partnership firms)

  • Incorporation Certificate (for companies)

  • Note: Small vendors and freelancers who do not have GST can apply as well since Paytm allows unregistered businesses to use its services.

In fact, the payments that are made via the swiping machine are transferred to your bank account directly. Therefore, you will have to provide:

  • Cancelled cheque

  • Bank passbook (first page)

  • Bank statement (recent)

  • It is a way to speed up the settlements and also to make the payouts free from ​‍​‌‍​‍‌​‍​‌‍​‍‌errors.

5.​‍​‌‍​‍‌​‍​‌‍​‍‌ Active Mobile Number & Email ID

To link your device with your Paytm for Business account, Paytm will require:

A mobile number which is registered with Paytm

An email ID is used for the receipt, the settlement report, and other correspondence

This allows you to record each transaction that is carried out through your Card Swiping Machine.

🔑 6. PAN Card

PAN Card is the one thing that cannot be left out when you are onboarding a merchant. The card is used to:

  • Identify the user's financial identity

  • Connect the business tax details of the user

  • Allow the payouts to be done without any glitches

  • If you are filling a form for Paytm or any other business, a PAN card is a must.

  • Checklist: Documents Required for Paytm Swiping Machine

  • We make it even easier with a checklist of required documents:

  • Aadhaar Card (ID + address)

  • PAN Card

  • Bank proof (cancelled cheque/passbook)

  • GST or business proof (if applicable)

  • Mobile number linked with the Paytm account

  • Recent address proof

  • These papers are necessary no matter if you are applying for Paytm or considering another Card Swiping Machine provider

Why Paytm Keeps the Process Simple

The aim here is to assist merchants - in particular, small vendors - to

start accepting digital payments fast. With least documentation, the

activation process passes in a short span of time for most businesses.

The simplicity of onboarding is one of the reasons that many shop owners

who look for Paytm Swiping Machine in Chennai choose the Paytm

ecosystem.

Benefits of Having Your Documents Ready

✓ Machine activation and approval are quicker

✓ KYC verification is done without any trouble

✓ Settlement and payouts are done smoothly

✓ Better support and service experiences

✓ Precise transaction tracking

Also, having the right documentation puts you squarely in line with the

banking norms and payment regulations.

Final Thoughts

One of the easiest ways to bring your business up to date is by getting a

Paytm swiping machine. With just a handful of necessary documents, you

can start off with card, UPI, wallet, and tap payments right away. And

once your papers are in order, the installation time is short and

relaxing.

The merchants who wish to have POS solutions that are more powerful

and reliable than Paytm, may consider Pine Labs Chennai for advanced

features, stable performance, and long-term ​‍​‌‍​‍‌​‍​‌‍​‍‌support.