Peer-to-Merchant (P2M) Transfer

byPaytm Editorial TeamLast Updated: July 11, 2025

Introduction

Peer-to-Merchant (P2M) Transfer refers to UPI transactions where a customer sends money to a business or service provider.

Definition

The definition of P2M Transfer is a UPI payment mode used for shopping, food delivery, utility bills, or any service that requires customer-to-business payment.

How It Works

The customer selects the merchant’s UPI QR code or ID, adds the amount, and confirms the transfer using their UPI app.

Benefits

  • Instant confirmation for both parties
  • Works with static/dynamic QR codes
  • Promotes digital acceptance among businesses

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