Payment Aggregator

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

A Payment Aggregator is a service provider that enables merchants to accept various payment methods—like cards, UPI, and net banking—through a single platform.

Key Features

  • Single integration for multiple payment modes
  • Simplifies merchant onboarding
  • Secure transaction handling
  • Settlement to merchant accounts

Payment aggregators make it easier for businesses to accept payments without managing multiple payment partnerships.

You May Also Like

Voice-Based PaymentsLast Updated: August 19, 2025

Meaning Voice-Based Payments use speech recognition technology to make transactions through spoken commands. How It Works Users give…

UPI Transaction TimeoutLast Updated: October 21, 2025

Definition UPI Transaction Timeout occurs when a payment is not completed within the allowed time window and is…

UPI AutoPayLast Updated: July 16, 2025

Meaning and Definition UPI AutoPay is a feature that allows users to set up recurring payments through UPI.…

Bank StatementLast Updated: August 19, 2025

Meaning A Bank Statement is an official record issued by a bank that shows all transactions in a…

Multi-Bank LinkingLast Updated: September 16, 2025

Definition Multi-bank linking means connecting more than one bank account to a single digital payment platform, such as…