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  1. Stackups
  2. Utilities
  3. Payments
  4. Payment Services
  5. Amazon Pay vs Paytm

Amazon Pay vs Paytm

OverviewComparisonAlternatives

Overview

Paytm
Paytm
Stacks37
Followers75
Votes0
Amazon Pay
Amazon Pay
Stacks11
Followers35
Votes0

Amazon Pay vs Paytm: What are the differences?

Introduction:

Both Amazon Pay and Paytm are popular digital payment platforms used for online transactions. While they serve the same purpose, there are some key differences between the two. Let's explore these differences in more detail below:

  1. Payment Process: Amazon Pay allows users to make online payments seamlessly by linking their payment methods to their Amazon accounts. Paytm, on the other hand, is a standalone digital wallet that users need to top up with funds from their bank accounts or cards before making transactions.

  2. Accessibility: Paytm is widely accepted across various online and offline merchants in India, and users can also transfer funds to other Paytm users easily. Amazon Pay, on the other hand, is mainly integrated with the Amazon platform, allowing users to make purchases on Amazon and select partner websites.

  3. Cashback and Offers: Paytm offers frequent cashback, discounts, and other promotional offers to attract users and encourage transactions. Amazon Pay also provides cashback and discounts on select purchases, primarily on the Amazon platform.

  4. User Base: Paytm has a large and diverse user base in India, including both consumers and merchants. Amazon Pay, while growing, primarily caters to Amazon customers and is still less popular among other merchants.

  5. Security and Trust: Both Amazon Pay and Paytm prioritize the security of user transactions. However, as Amazon Pay is integrated with the trusted Amazon platform, some users may perceive it to be more reliable in terms of security and trust.

  6. Integrations: Paytm offers various integrations with other services, allowing users to pay for utilities, bookings, and more. Amazon Pay, on the other hand, focuses primarily on e-commerce transactions and has limited integrations outside the Amazon ecosystem.

In summary, the key differences between Amazon Pay and Paytm lie in their payment processes, accessibility, offers and cashbacks, user base, security and trust, and integrations.

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Detailed Comparison

Paytm
Paytm
Amazon Pay
Amazon Pay

It is a digital payments platform that allows you to transfer cash into the integrated wallet via online banking, debit cards, and credit cards, or even by depositing cash via select banks and partners.

It makes simple for millions of customers around the globe to check-in and checkout using information already stored in their Amazon account.

Payment Bank. It is a Payment bank; Easy Account Opening; No Minimum Balance; Free Online Transaction; No Penalty For Breaking FD; Free SMS Alert; Rupay Debit Card, International Payment Not Possible; No Cheque; No DD
Identity; Automatic Payments; Inline Checkout; Merchant Website Integration; Fraud Protection
Statistics
Stacks
37
Stacks
11
Followers
75
Followers
35
Votes
0
Votes
0
Integrations
Chargify
Chargify
PrestaShop
PrestaShop
Shopify
Shopify
Magento
Magento
WooCommerce
WooCommerce
Xero
Xero
Chargebee
Chargebee
Wufoo
Wufoo
Intercom
Intercom
Keen
Keen
Wufoo
Wufoo
Parse
Parse
Drip
Drip
Glip
Glip

What are some alternatives to Paytm, Amazon Pay?

Stripe

Stripe

Stripe makes it easy for developers to accept credit cards on the web.

PayPal

PayPal

PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.

Braintree

Braintree

Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.

Recurly

Recurly

Recurly is the leading pay-as-you-go recurring billing service because setup is easy, integrations are quick, and our service grows with the needs of your business.

Adyen

Adyen

A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies.

Payoneer

Payoneer

It is a financial services company that provides online money transfer and digital payment services and working capital solutions

TransferWise

TransferWise

It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.

Amazon FPS

Amazon FPS

With Amazon Flexible Payments Service developers can accept payments on their website for selling goods or services, raise donations, execute recurring payments, and send payments. Amazon customers can pay using the same login credentials, shipping address and payment information they already have on file with Amazon. Amazon FPS supports the processing of payments using credit cards, bank accounts and Amazon Payments account balances to send or receive money.

Zuora

Zuora

Zuora gives you the enterprise-class, cloud-based tools you need to launch and scale any subscription service, quickly and affordably. Design your pricing and packaging, start taking quotes and placing orders, automate your billing and payments, and keep tabs on your financials.

Razorpay

Razorpay

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and more.

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