Paytm Money Partner opportunity is one of the major offerings of this brokerage firm, and you can earn quite handsomely for selling the firm’s services and products.
This article will discuss how you can become Paytm Money Sub Broker, how much you can earn, the investment you need, eligibility criteria, revenue share, and much more.
So you can consider this article all-in-one for everything you need about Paytm Partnership.
Paytm Money Partner Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Infrastructure Investment
ROI Timeframe
Paytm Money Franchise Review & Ratings by FranchiseByte
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overll Ratings
Star Ratings
Paytm Money Franchise ratings and reviews suggest that the brokerage house offers one of the best revenue-sharing structures as it is rated highest by the franchises.
The partners are also happy with the infrastructure requirements and investment/ franchise fee. Then the duration of payouts and return generation is satisfactory as well.
Partners are seemingly happy about the support and training they get too.
Overview of PayTM Money Sub Broker Franchise
Industry
Line of Business
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
Paytm is one of the leading Fintech firms that has been the game changer in the Indian financial industry.
Paytm Money is a brand of One97 Communications which runs as Paytm. The organization was started in 2009 by Vijay Shekhar Sharma and had its main office in Delhi.
The Paytm Money Partner program has come into force in the year 2020. There are more than hundreds of partners of Paytm Money at present across the country.
Paytm has completely changed the payment systems in India. Digital payments entered the market holding the hands of Paytm, and later other players came in.
Paytm Money is the firm’s brokerage division with all investment instruments and trading solutions.
Paytm Money Franchise Program – Business Models
There are two business models that Paytm Money offers at present.
Business Model | Revenue Sharing |
Partner Program | 30% – 40% + Rs.250 per new Client |
Referral Program | Rs.500 per new Client |
Paytm Money Partner Program
The 1st model is the Paytm Partner model, also known as Paytm Money Sub Broker. Under this model, the partner has to identify clients looking to open new Demat and trading accounts.
Then the partners have to pitch to these prospective clients why opening an account with Paytm can be beneficial and the features, services, and products they will get for trading and investments.
However, there is no need to offer clients any trading assistance. Your responsibilities will be limited to identification, pitching, acquiring, and retaining clients.
Paytm Money Referral Program
Paytm Money, like all other brokerage houses, also offers a referral program.
This is for anyone who wants to earn extra money by referring interested people to Paytm Money who are looking for a brokerage house to start trading/ investments.
This is mainly for those who are already using Paytm Money and others.
PayTM Money Franchise Cost, Investment & Fees
Partner Franchise Fee
Referral Franchise Fee
Infrastructure Investment
The Paytm Money Franchise Cost is nil for partners and referral programs. There are no investment requirements or security deposits that you need to keep.
Also, you do not have to pay any registration amount to SEBI as you are not becoming an authorised person but a partner of Paytm Money.
So, there is not a single rupee to be invested in becoming a partner of this brokerage house. The referral partner also has no obligations regarding investments/ security deposits, or franchise fees.
PayTM Money Sub Broker Commission / Revenue Sharing / Royalty
Partner Commission
Paytm Money Commission
Referral Commission
Paytm Money Commission
The Paytm Money Sub Broker Commission that you can earn will range from 30% to 40% of the total revenue generated by your clientele.
Suppose you have 10 clients, and in October 2022, the total brokerage paid by these 10 clients together to Paytm Money was Rs.1 lakh.
So, out of this Rs.1 lakh, you will receive Rs.30,000 to Rs.40,000 as your commission or share of the revenue.
Apart from this, you will receive Rs.250 per account for every new account opening. So, there is a fixed component as well as a variable component.
For the referral program, the rewards are Rs.300 per account opening. This is when the person you referred opens an account using the link you have shared with them.
You get a referral id/ link when enrolling in the referral program. This you need to share with your prospective clients.
Now, after the referred person opens an account and you receive the amount, this is not the end of your earnings. You will again receive Rs.200 when the person makes his first trade.
So, if you can successfully get clients who want to trade using Paytm Money’s platform, you can earn Rs.500 from each of these clients.
PayTM Money Business Partner ROI Details
In Months
Since the investment is nil, the Paytm Money Franchise Returns will be positive from your first earnings. It will take one month to generate returns from your business as a partner with Paytm Money.
So, the broker will make payouts every month. Since no investment is involved, there is no risk of losing your capital.
Paytm Money Partner Profits & Expenses Calculation
With the help of Paytm Money Partner program, you can make almost Rs.1.25 lakhs net profit, if you can make 250 active clients under your partner code.
Monthly Revenue | |
No. of Active Clients | 250 |
Daily Trades per Clients | 4 |
Brokerage per Trade | 20 |
Trading Days in 1 Month | 15 |
Total Brokerage Revenue | 3,00,000 |
Partner’s Share (50%) | 1,50,000 |
Monthly Expenses | |
1 Telecaller Cost | 15,000 |
Misc. Expenses | 5,000 |
Total Cost | 20,000 |
Monthly Profit | |
(Revenue – Expenses) | 1,30,000 |
Profit Margin | 43% |
These numbers are very encouraging, you should definitely go for Paytm Money Partnership Program.
Master Franchise of PayTM Money - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
At present, there is no Paytm Money Master Franchise. The firm offers a partner program for people who want to be associated as partners but do not want to be involved in providing trading facilities or assistance to the clients on the broker’s behalf.
PayTM Money Franchise Infrastructure Requirement
Shop / Unit Area
Employee Strength
Research / Advisory
Trading Terminals Set-up
Telephone Lines
Computer / Internet Connectivity
Airconditioner
CCTV Set-up
There are mandatory requirements for infrastructure for Paytm Money Partner Program as well. If you have your office, that is completely your choice.
However, the brokerage house doesn’t ask for one. This means you do not have to invest anything in infrastructure set-up.
This makes venturing into a partnership business with Paytm Money easier and smooth.
Check out Business Opportunities with Similar Brands
Support Provided by PayTM Money Partner Program
Service Pricing
Offers
Client Interaction Training
Relationship Manager Support
Back-Office Support
Trading Support
Advisory Support
Marketing Support
Business Management Software
Website Support
Operation Manual
Training Manual
Paytm Money Sub Broker gets support for marketing and branding the products and services. Apart from that, the back office support helps maintain the business and track the clients and leads.
Client servicing support is also provided so the partner can acquire more clients.
Franchise of PayTM Money - Marketing Support
Unit Interior & Exterior Ads
Local Advertisement
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
Under marketing support for Paytm Money Franchise Program, one can get support for digital marketing.
As Paytm Money is an online broker that offers all services online, as a broker partner, you would also do your business online.
This would require you to have an online presence; thus, digital marketing is the first thing you need to build your brand. Apart from that, Paytm Money offers website building and maintenance.
Then conducts investment masterclasses and other online events to attract investors/ traders and help the partner network.
Training provided by PayTM Money Sub Brokership
Product Information Training
Dealers Training
Service Training
The training offered for Paytm Money Sub Broker includes product training. This helps the partners understand each product the broker sells in the market and all the services.
Then there is client servicing training to help the partners understand how to deal with clients and how to pitch to acquire the clients.
PayTM Money Partner Program - Products & Services Offered
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Banking
Insurance
Demat Services
3 in 1 Acount
IPO Services
Stock Recommendations
Robo Advisory
PMS
Exposure or Limit
Mobile App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Basket Trading
Paytm Money Business Partner can offer their clients the following products –
- Stocks
- Futures and options
- Digital Mutual funds
- IPOs
- Wealthbaskets
- Others
While some of the names in the above list are common, like stocks, futures, and options, Wealthbaskets and digital mutual funds may seem new.
These are investment products launched by Paytm Money to explore the market more. Investors can use the Wealth baskets to invest in particular themes, sectoral funds, and others.
The individuality and rare products add to the brand value of Paytm Money.
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Franchise for PayTM Money - Revenue per Customer
Intraday
Delivery
Equity Options
Equity Futures
Commodity
Currency options
Currency Futures
The revenue per customer you can earn as Paytm Money Franchise depends on the –
- Firstly, the total number of trades one client does in a month
- Then, the total number of clients you have
Paytm Money charges Rs.15 per order flat. So, for equity intraday, options, and futures, all are traded at Rs.15 per order, and the delivery trades are free.
So, if your client does 10000 orders in a month, then Rs. 15*10000 = Rs. 1,50,000 will be the brokerage he would pay to the brokerage house.
So, you would be earning Rs.45,000 to Rs.60,000 out of the same.
Franchisee Qualification required by PayTM Money Sub Broker
Age Limit
Business Experience
Academic Qualification
It would be best if you had no mandatory qualification to become a part of the Paytm Money Affiliate Program. In simple terms, it is for all interested in finance and investments.
For those with great PR skills/ communication skills and those with a wide circle of friends who want to invest money into stocks/ securities and other assets.
There are some basic criteria to apply, like the applicant must be above 21 years of age, and if you have business experience in the capital markets, it can be a huge plus.
Documents Required to Start PayTM Money Partner Program
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
The documents you need to keep handy while applying for Paytm Money Affiliate Program include the following –
- PAN card copy
- POA
- Cancelled cheque
- GST registration, if any
- Company registration or documents, if any
- Photograph
You will have to submit these documents once the executive from Paytm Money calls you. These documents will be required for KYC purposes and thus need to be submitted in the right manner.
Paytm Money Partner or Affiliate Dashboard
Dashboard | |
Affiliate Dashboard | Affiliate Login Link |
When you open your partner’s account with Paytm Money, you get the Paytm Money Partner Dashboard sign-in access.
On this dashboard, you will be able to see the leads that you have generated. Then you will be able to see the leads who are in the process of opening accounts and the ones who are yet to start.
You can thus understand whom to pitch more and whom less. Then the dashboard will help you track all your earnings.
You can also see graphical representations of your earnings for different periods too.
Paytm Money Partner Login or Paytm Money Affiliate Login
Once you get access to the Dashboard, you can use the credentials given to you for Paytm Money Affiliate Login.
Then you must complete the registration process with Paytm and the KYC process. After successful completion, the login credentials will be mailed to you.
Then you will have to open the dashboard and use the same credentials to log in.
Paytm Money Sub Broker Benefits
The benefits of becoming a Paytm Money Sub Broker are as follows –
- There is a wide range of investment products, including digital mutual funds, IPOs, stocks, futures, and options on equities, Wealthbaskets, and many other investment options. All these you can offer as a partner of Paytm Money.
- Paytm Money has a brand presence which will help in promoting your business
- It has a global presence, and you can partner from any part of the country and get clients from any part of the country.
- There is a huge earnings opportunity without making any investments. There is not even a registration or franchise fee that you need to pay.
- You can be a part of the Paytm Money community and get access to many investment masterclasses, training, and other offers.
Paytm Money Franchise Drawbacks
The shortcomings of the Paytm Money Franchise can be –
- Single business model
- No currency and commodity products
Paytm Money Partner Program – Conclusion
Paytm Money is quite new in the brokerage world; however, its innovative products and services can be a great place for people aspiring to be Paytm Money Partners.
If you want to start a business with no capital, this can be the brokerage house to consider.
FAQs on Paytm Money Franchise Business
Here are various FAQs on Paytm Money Sub Broker Models –
Who is a Paytm Money sub-broker?
Paytm Money Sub Broker can be referred to as the agent who sells the products and services of Paytm Money and earns a commission for each sale.
As Paytm Money Partner, do I need to provide trading assistance?
No, as a partner, you do not have to offer any assistance to the traders/ clients of Paytm Money.
Thus, all you need to do is to acquire them by identifying and pitching the right client and the right products.
Do I need to register with SEBI to become a partner?
No, as a partner of Paytm Money, you do not need to register with SEBI as you won’t work as an authorised person.
What is the payout time for commissions?
You will get the payout every thirty days. This will start from the day of activation of your partner’s id.
How much do I need to invest in becoming a Paytm Money partner?
You do not need to invest any amount. There is no franchise fee, investment in infrastructure, security deposit, or registration charges.
How much revenue share will I get entitled to?
As a Paytm Money partner, you can get 30% to 40% of the revenue generated by your clientele.
Is there a referral program?
Yes, the referral program is for all; anyone with a good network or interest in finance can join.
Is Paytm Money a discount broker?
Paytm Money is a discount broker that sells all its products and services online.
What is the franchise cost of Paytm Money?
There is no franchise cost that a partner has to pay. Moreover, there is no master franchise business model or Paytm Money Franchise.
Will a graduate be eligible to become a partner of Paytm Money?
Yes, you can become a Paytm Money partner. There is no restriction according to educational qualifications.