With the new PaisaPay, your payments will be credited to your PaisaPay account as soon as the buyer confirms that they have received the item or the stipulated period given to the buyer to confirm ‘Item received or not received’ elapses, whichever is earlier. If you are a ‘Qualified Seller’, you are entitled for Express Remittance. Your PaisaPay account balance will then be periodically transferred online to your registered bank account.
To register for the new PaisaPay and to receive your PaisaPay account balance directly in your bank account, you need to provide details that will help link your bank account to your PaisaPay account.
You must hold a bank account with a bank branch that is within the list of branches supported by us.
To register for the new PaisaPay, complete the following steps:
Enter the name of the person who holds the bank account.
Note: Be sure to enter the exact name in which you hold your account.Enter your bank account number.
Choose the name of the bank and the city where the bank is located.
Choose the branch where you hold your account.
Enter the 9-digit MICR code, which is found at the bottom of the bank’s cheque next to the cheque number. See example
Select the check box to accept PaisaPay’s terms and conditions.
Click the Register and Complete Listing button to finish your PaisaPay registration.
Important: All fields are required to complete your PaisaPay registration. Please ensure that the registration details are accurate to avoid any hassles in receiving your PaisaPay remittances.
Example of MICR code
