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

Price BandOctober 15, 2025

Meaning A price band defines the acceptable range for an item’s cost.Definition It’s the specified upper and lower…

EquityLast Updated: December 12, 2025

Meaning & Definition Equity represents ownership in a company. Investors who buy equity shares become part-owners and may…

HRIDAY SchemeNovember 5, 2025

Meaning The HRIDAY scheme focuses on preserving and revitalizing India’s rich cultural heritage and urban infrastructure in select…

Dynamic QRLast Updated: September 15, 2025

Meaning Dynamic QR is a QR code that changes for every transaction. Unlike a static QR, it contains…

ReinsuranceOctober 16, 2025

Definition and Purpose Reinsurance, by **Definition**, is an insurer transferring part of its risk portfolio to another insurer…

Physical Damage CoverOctober 15, 2025

Meaning This cover protects your assets from unforeseen physical harm. Understanding this type of insurance is crucial for…