We already know about the normal Paytm account which we use in our day-to-day life, but there is also a new type of Account called Paytm Business. The account is used mainly by self-acclaimed merchants and business persons. Using this Account, you can transfer up to Rs. 50,000, whereas with the Personal Account, the limit is Rs. 5,000.
There will also be incidences when a merchant would want to delete his business account. Although the app provides many benefits, there could be several reasons why one would want to delete their Paytm Business Account. Here we will be looking into ways on how you can easily delete your Paytm Business Account. So, let’s get started!
What Is Paytm Business Or Merchant Account?
Paytm for Business is your one-stop solution to all payment-related issues. It is continuously updating and improving its services to make your experiences better. The app is available both on the Google Play Store and iOS App Store. Although the name states that it’s for business use, the app can be downloaded and used by anybody, even if you don’t own a business.
Also Read: How To Find UPI ID In Paytm? Easy & Quick Method!
The steps are somewhat the same for iOS and Android devices. The only difference would be in the way the UI appears. There are two ways by which you can deactivate your Merchant account. The first way is the direct way. The second solution is to deactivate it through the support page. Let’s make it easier for you!
How to delete a Paytm business account? Simple Steps!
Deleting your Paytm business account is quite easy. We have mentioned a step-by-step guide to make it easier for you to proceed with the cancellation. For your convenience, we have listed two different steps that you can opt for if one doesn’t work!
Step 1: Direct Account Deactivation
- Log in to the Paytm Business App on your device.
- Tap on the three lines at the top left corner of the App.
- Tap on ‘Business Profile.’ It means that you need to Tap on your name that appears at the top of the page. Once you tap on that, it will take you to your profile details page.
- Scroll down and tap on ‘Deactivate my account.’
- Your account will be deactivated in the next 24-48 hours after you have submitted the request.
Step 2: Deactivate via the Support Page
Follow the below steps to deactivate or delete your Paytm Business account via the support page!
- Log in to the Paytm Business App on your device.
- You will land on a page that shows your Payments and Settlements. Tap on the profile icon present on the top corner of the page. The profile icon will have three dashed lines next to it.
- Tap on ‘Help & Support.’
- It will now as you to choose a category. Here, tap on Profile.
- A page will open up with some commonly asked questions and their solutions below it. Tap on ‘I want to deactivate my merchant account.’
- Tap on ‘Deactivate your Merchant Account.’
- Tap on ‘Deactivate my account.’
- Finally, on the Payment Sources & Charges page, tap on Deactivate Account.
- You would get a notification saying that you’re request is under processing and that it would take up to two business days to process it.
Also Read: How To Contact Paytm Customer Care? Simple & Quick Methods
Conclusion
We hope that you were able to delete your Paytm business account successfully with the help of this guide! If you still have issues deleting your account due to certain glitches even after following the listed steps, you can contact Paytm customer care to help you out.
Paytm has an excellent customer support service that resolves users’ problems in no time. Lastly, if you are facing any trouble, feel free to leave it in the comment section below. We are always here will here if you want to reach out! Stay tuned for more how-to guides!
