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Paytm Launches Payment Gateway

Paytm*, the online recharge company incubated by One97 Communications, is now offering its own payment gateway solution: Paytm Payments (Hat-tip - Pravin @beingpractical). Speaking with MediaNama, Harinder Takhar, CEO of the the company, said that they began offering payment gateway solutions to clients around 10 months ago, but have only just gone public with it after testing the waters with select clients. Note that when we had asked Takhar about such plans when he joined Paytm in January (six months ago), he had said that a payment gateway was not something that the company was working on at that time, but hadn't ruled it out. Paytm Payments already powers payments on Paytm, and claims to have more than 60 clients including Snapdeal, HomeShop18, SandsInfo and DishTV. The company offers a customized payment platform, which supports all platforms including websites, IVR/voice, WAP/mobile web, mobile payment apps (on tablets, Android, Blackberry, iPhone), and through SMS, and offers Thin-clients, Software-development kits, developer API and secure checkout solution for all major shopping carts. How is it different from other gateways? We're not so sure. Takhar informs that the Paytm has been selective about its clients and has essentially focused on deployments that integrate mobile payments, since it's part of the company's philosophy. Unlike other gateways it will offer customised solutions to meet the product's needs, to support seamless mobile transactions incorporating 3D secure and OTPs. At the moment, the Paytm Payments does not offer a DIY deployment, but it's on the company's radar, he informs. For that, they'll also probably need…

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