Covid: Paytm waives off transaction fees on donations to NGOs

Hyderabad: Paytm on Monday announced that it is offering its Payment Gateway services at 0% transaction fees to all registered NGOs across the country, in an effort to help them secure maximum resources for swift, seamless, and smooth Covid Relief work. This service would be applicable on donations of up to Rs. 10 lakh. This move will help NGOs save lakhs of rupees in transaction fees, which they would be able to use for providing more aid and relief to those affected by the pandemic.

To help NGOs immediately start accepting all forms of digital payments, the company is offering instant account activation and same-day settlement facility along with zero charges on setup and maintenance. During these unprecedented times, the company wants to ensure that NGOs that are tirelessly working to help those affected by the pandemic by providing food, medicines, oxygen cylinders do not have to wait for 2-3 days to receive contributions made to them by aware citizens and companies. With the Paytm Payment Gateway NGOs are able to get the funds the same day so that they can immediately put the resources to good use. The company is already offering its payment gateway services to few of the largest NGOs in the country who are doing commendable work in helping people during the pandemic. It is aiding several small NGOs in tier-II, tier-III and beyond cities to start accepting contributions digitally so that they have adequate funds.