Paytm has launched a recurring payments offering to its merchants allowing subscription based business to collect recurring payments from their customers.

Paytm, A Noida based company said, that it processes more than 400 million transactions on it’s gateway business for it’s merchants. Paytm Payment Gateway offers Software Development kits, APIs and secure checkout solutions to address custom payment requirements various types of businesses.

“Frictionless recurring payments is a critical element of subscription businesses and with this feature on our payment gateway, merchants can now reach out to millions of users for their subscription offering,” said Kiran Vasireddy, Chief Opertaing officer, Paytm.