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Benefits for Small and Medium Enterprises Small & medium enterprises in PAYTM

Benefits for Small and Medium Enterprises
Small & medium enterprises


Benefits for Small and Medium Enterprises
Small & medium enterprises will find features like no minimum balance very helpful, along with an easy to use interface to operate the account. Businesses who are unable to meet the minimum balance requirement in their current accounts and incur charges associated with it will benefit from this current account.

Customers will also enjoy free banking services and a user-friendly interface to operate the account with very secure & robust technology infrastructure. They can deposit money, an unlimited number of times without incurring any charges on it. This feature is helpful to shop owners who receive a majority of payments in cash on a daily basis.

Customer’s balances above rupees one lakh at end of the day will be automatically moved to a current account with a partner bank. There is no restriction on depositing any amount and conducting transactions during the day. Customers can redeem the amount held at partner bank at any point of time, instantaneously on-demand.

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