In this article we will show you the solution of how to deactivate Paytm business account, Paytm launched a new type of Account called Paytm Business, and self-acclaimed merchants can use that. Using this Account, you can transfer up to Rs. 50,000, whereas with the Personal Account, the limit is Rs. 5,000.

A merchant will frequently desire to cancel his business account as well. This Paytm business app streamlines and simplifies business processes.

You receive an all-purpose QR code that clients may use to give your payments for the goods they have purchased.

Your one-stop shop for all payment-related problems is Paytm for Business. Paytm for Business regularly updates and improves its solutions in order to improve your experiences.

Paytm has been one of the great tools when it comes to digital transactions.

After the currency demonetization in India, Paytm has been one of the key players in India’s digital economy ecosystem.

The Paytm super app allows one to transfer money between accounts, do cellphone recharges, bill payments, movie and travel reservations, fastag recharge, etc.

In recent times, Paytm has been in the news for customer data security.

Step By Step Guide On How To Deactivate Paytm Business Account :-

1. A Paytm for Business app is available on the Apple App Store and Google Play Store. Although the app's name indicates that it is for business use, anyone can download and use it, even if they do not own a business.
2. Log in to your device's Paytm Business App.
3. You will arrive at a page that displays your settlements and payments. On the page's top right corner, tap the profile symbol. On the App, click and hold the three lines in the upper left corner.
4. Toggle to "Business Profile." You must thus Touch on your name, which is shown just at top of the screen. The profile details page will appear after tapping that. Click "Help & Support" to get help.
5. Click on Profile from here to choose a category. A page with some frequently asked questions & their answers will load. Click "Deactivate my account" after scrolling down.
6. In the next 24 to 48 hours following the submission of your request, your account will be deleted.
7. You would receive a notification stating that your request is being processed and could take as much as two business days to also be completed.

Conclusion :-

There are a number of reasons why someone might want to deactivate their Paytm Business Account, despite the app's many advantages.

Perhaps he or she recently closed down the company or found a different way to get paid. Your Merchant account can be deactivated in one of two ways.

The direct approach is the first one. Deactivating it via the support page is the second option.

I hope this article on how to deactivate Paytm business account helps you and the steps and method mentioned above are easy to follow and implement.