Our Payment gateway, PayTM achieves PCI Data Security Standards 1.1 compliance to be in the league with few global companies to achieve this. This establishes the quality of secured environment offered to merchants and their customers to transact. Our systems have 128 Bit SSL encryption certified by Verisign & Hackersafe.
The PCI Security Standards Council is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection formed by American Express, Discover Financial Services, JCB, MasterCard Worldwide & Visa International.
PayTM follows T + 2 settlements, where funds are transferred after 2 days of capture of transaction. Accordingly, the payment is verified within this 2-day timeframe, and any discrepancy reported simultaneously.