Knowledge Base

Paytm Integration

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  • February 7, 2024

Paytm Integration

The Paytm integration enables the processing of transactions through the payment gateway provider Paytm.

It facilitates the seamless processing of payments between the Paytm payment portal and BizCentric. This integration empowers your customers to make payments using various methods such as credit/debit cards, UPI, Netbanking, and the Paytm Wallet.

To set up Paytm, go to:

> Integrations > Payments > Paytm Settings

1.How to get your Paytm API credentials?

  1. In order to activate your API credentials, you need to log in to your Paytm account.
  2. Then, open the Developer Settings option in the sidebar.
  3. Choose API Keys option, it should display a two types of API details (Test/Production).
  4. Details mentioned in the Production API details are the credentials that you are supposed to use in Paytm Settings.

2.Setting up Paytm

To activate the Paytm payment service, you must configure all the essential parameters provided by Paytm. If you prefer to test the integration in a staging environment, you can select the staging option and utilize the test API developer credentials provided by Paytm.

Upon enabling the Paytm integration within BizCentric, the system will automatically generate a Payment Gateway record and an Account Head in the Chart of Accounts, with the Account type designated as Bank, as illustrated in the screenshot below.

Additionally, it will establish a Payment Gateway Account entry. This serves as the central configuration point where you can define Account Heads and set the default Payment Request email template for soliciting payments from customers.

Once the Payment Gateway Account is configured, you will be equipped to accept online payments via Paytm.

3.Supporting transaction currencies

Paytm will only work for the Company which has INR (Indian Rupee) as Company Currency.