P2M Payment

byPaytm Editorial TeamLast Updated: September 16, 2025

Meaning

P2M payment stands for Peer-to-Merchant payment, which involves transferring money digitally from a customer to a business or merchant.

Examples

  • Paying grocery bills through UPI QR.
  • Online shopping payments.
  • Utility bill payments to companies.

Importance

  • Supports small and large businesses.
  • Provides secure, traceable transactions.
  • Encourages a cashless economy.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Credit ScoreLast Updated: December 12, 2025

Meaning & Definition Credit score is a numeric representation of an individual’s creditworthiness. It is calculated based on…

UPI Recurring PaymentsLast Updated: July 18, 2025

Meaning UPI Recurring Payments allow users to set up automatic payments for regular expenses like subscriptions, insurance, or…

UPI Transaction AlertsLast Updated: October 21, 2025

Meaning UPI Transaction Alerts are instant notifications sent to users whenever money is sent or received. Purpose Alerts…

Core Banking System (CBS)Last Updated: November 14, 2025

Definition CBS stands for Core Banking System. It is a centralized software system that allows customers to access…