Full-Time
Assistant Manager/Deputy Manager Procurement
Real Estate
Paytm Payments Services
51-200 employees
B2B payment gateway for enterprises
No salary listed
Noida, Uttar Pradesh, India
In Person
Bachelor's
 Operations & Logistics (1) |
|---|
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- A bachelor's degree in Commerce, Business Administration, Supply Chain Management, or a related discipline.
- At least 5 years of procurement experience, including exposure to Administration, Facility Management, HR, and Lease Rental procurement categories.
- Strong understanding of sourcing, commercial negotiations, the procurement lifecycle from Purchase Requisition to Purchase Order, contract administration, and vendor management.
- Excellent analytical and commercial evaluation capabilities.
- Proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint.
- Strong negotiation, communication, and stakeholder management skills.
- High attention to detail with strong documentation and record management capabilities.
- Ability to manage multiple stakeholders and priorities while delivering high-quality procurement support.
- Manage procurement of office supplies, stationery, pantry items, and other administrative requirements.
- Coordinate procurement for facility management services, including housekeeping, security, pest control, and maintenance services.
- Source and procure office infrastructure such as furniture, workstations, printers, and related equipment.
- Track and manage Annual Maintenance Contracts, ensuring timely renewals.
- Support procurement requirements for corporate events, employee engagement initiatives, and office activities.
- Coordinate travel and accommodation bookings in line with company policies.
- Ensure timely conversion of Purchase Requisitions into Purchase Orders.
- Maintain an updated vendor database and monitor vendor performance.
- Conduct cost comparisons and negotiate commercial terms within approved authority limits.
- Manage procurement support for office spaces, branches, warehouses, fleet hubs, and other leased facilities.
- Collaborate with Business, Administration, Finance, and Legal teams for new lease acquisitions, renewals, amendments, and lease closures.
- Participate in commercial negotiations with landlords, property owners, and real estate consultants to secure competitive lease terms.
- Review lease proposals and ensure compliance with procurement policies and internal approval processes.
- Coordinate lease agreement execution and maintain trackers for lease expiries, renewals, rent escalations, security deposits, lock-in periods, and notice periods.
- Process lease-related Purchase Requisitions, Purchase Orders where applicable, rental invoices, and payment coordination.
- Monitor rental payments, Common Area Maintenance charges, utility-related obligations, and other lease-associated commercial commitments.
- Maintain centralized lease documentation and ensure audit readiness.
- Identify opportunities for lease cost optimization through renegotiation, benchmarking, and space utilization initiatives.
- Coordinate with internal stakeholders and external landlords to resolve commercial and operational issues related to leased properties.
- Coordinate with employee benefits vendors, including Group Medical Cover and Group Term Life insurance providers.
- Support onboarding and management of Training and Development partners.
- Coordinate with recruitment agencies for billing, documentation, and vendor management.
- Manage background verification vendor coordination.
- Oversee procurement of employee onboarding kits, corporate gifting, and engagement materials.
- Support coordination with payroll and Human Resources Management System service providers.
- Track contract validity, renewals, and compliance for Human Resources-related vendors.
- Ensure compliance with procurement policies, governance standards, and approval workflows.
- Prepare comparative statements, vendor evaluations, commercial assessments, and sourcing recommendations.
- Monitor procurement timelines and proactively resolve vendor-related issues.
- Maintain procurement records and documentation to support audit and compliance requirements.
- Support budget monitoring, spend analysis, and cost optimization initiatives.
- Ensure timely contract renewals and drive effective vendor performance management.
- Prior experience in lease commercial negotiations and lease agreement management.
Paytm Payments Services Limited (PPSL) serves as the business-to-business arm of One97 Communications. It provides digital payment infrastructure for online brands, startups, and merchants in India by offering a payment gateway that accepts debit/credit cards, UPI, net banking, and the Paytm wallet. Its product suite includes customizable checkout options for merchant websites and apps, e-commerce plugins, recurring subscription payments, and payment links sent via SMS or email. Revenue comes mainly from transaction fees charged to merchants for processing payments. PPSL differentiates itself through its use of the Paytm technology backbone, scale in the Indian digital payments ecosystem, and a focus on merchant-focused tools and enterprise-grade payment solutions. Its goal is to help businesses of all sizes accept digital payments quickly and reliably, enabling smoother online transactions and contributing to the growth of India's digital economy.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
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Simplify's Take
What believers are saying
- FY26 revenue rose 22% to ₹8,437 crore; Paytm turned profitable with ₹552 crore PAT.
- Merchant onboarding restrictions ended in 2025, reopening sales to startups and enterprises.
- AI integrations announced August-September 2026 deepen switching costs for finance and operations teams.
What critics are saying
- Razorpay, Cashfree, and PhonePe target the same merchants; price competition compresses margins.
- PPSL still depends on RBI compliance, partner banks, and flawless security audits.
- A major merchant migration or fraud incident would cripple trust and onboarding within months.
What makes Paytm Payments Services unique
- RBI authorized PPSL in November 2025 for online aggregation, then offline and cross-border.
- Paytm bundles gateway, payment links, subscriptions, refunds, settlements, and reporting for merchants.
- September 2026 ChatGPT and Claude integrations turn payment data into conversational workflows.
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Benefits
Performance Bonus
Company News
Sebamed partners with WPP Media for ChatGPT advertising activation. Paytm launches ChatGPT plugin to help merchants analyse payment data. September 7, 2026 Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of Paytm, has launched the Paytm Payment Gateway Plugin with OpenAI's ChatGPT, allowing businesses to access and analyse payment information using natural-language prompts. Merchants can query payment activity and business trends directly within ChatGPT without switching between dashboards or reports. For founders, finance teams and business operations teams, this makes everyday payment information easier to access and interpret. A founder can ask how many payment links issued during the week have been paid, a finance team can check collections or settlement status for a specified period, while an operations team can track the status of a refund or subscription. Responses are generated from the merchant's authorised Paytm Payment Gateway information based on AI prompts entered in ChatGPT. Built on the Model Context Protocol (MCP), the integration securely connects authorised merchant payment information with ChatGPT. Developers can use this Plugin to build AI-first business and payment workflows within ChatGPT, reducing the need to create and maintain separate integrations. Access is protected through secure authentication, remains controlled by the merchant and is limited to information authorised for the integration. The current integration is read-only meaning it can only retrieve permitted payment information, but cannot initiate a payment, issue a refund or move funds. All payment execution continues within Paytm Payment Gateway and remains under the merchant's control. Paytm Payment Gateway spokesperson said, "Businesses need answers on their payments as quickly as they ask for them. This integration allows a founder, a CEO or a developer to check transactions, refunds and settlements directly inside ChatGPT, with the same security their business already trusts." The integration expands how businesses can work with Paytm Payment Gateway, from dashboards and APIs to conversational AI. It builds on Paytm Payment Gateway's existing payment infrastructure across payment links, subscriptions, refunds, settlements and business reporting, while creating a standardised foundation for businesses building AI-first payment and finance workflows.
Paytm Payment Gateway integrates with Anthropic's Claude: What businesses can do with AI prompts. Paytm Payment Gateway integrated with Anthropic's Claude via Model Context Protocol, enabling merchants to use AI prompts for transaction, refund, and settlement info. By Anshul August 10, 2026, 2:39:36 PM IST (Updated) Paytm Payment Gateway has integrated with Anthropic's Claude through the Model Context Protocol (MCP), allowing merchants to use AI prompts to access information on transactions, refunds, settlements and other payment-related activities. The integration, announced by Paytm Payments Services Limited (PPSL), allows authorised merchants to connect their Paytm Payment Gateway accounts with Claude. Businesses can then use prompts to look up transaction details, check refund status, review settlements and access reconciliation information, among other data. MCP is a standard that allows AI applications to connect with external tools and services. In Paytm's case, it enables Claude to interact with the payment gateway's APIs, subject to merchant authentication and permissions. The move could reduce the need for businesses to switch between payment dashboards, reports and separate API calls for routine information checks. Finance and operations teams, for instance, could use conversational prompts to check collections or settlement status, while developers could incorporate payment information into AI-based workflows. Paytm said the integration provides access only through authorised permissions. Payment execution, refunds and settlements continue to be processed through the payment gateway's existing infrastructure and merchant-controlled processes. The integration comes as payment companies and businesses explore ways to connect generative AI with operational systems. Access to transaction and settlement data through AI interfaces could make routine queries easier, but also increases the importance of authentication and access controls when financial information is involved. Paytm Payments Services is a wholly owned subsidiary of One97 Communications, the parent company of Paytm.