Paytm launches toll-free number

Paytm launches toll-free number for offline Transactions: Paytm has announced a toll-free number 1800-1800-1234 to enable consumers and merchants without an internet connection to pay and receive money instantly and also recharge their mobile phones. This will empower millions of non-smartphone users to go cashless even without a smartphone.

• You can call 1800 1800 1234 to transact on Paytm
• This will work even without a smartphone or the Paytm app
• You do not need an Internet connection for this feature
  

  Paytm launches toll-free number for offline Transactions

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To use this features, users will first have to set a four digit Paytm PIN by dialing 1800 1800 1234. They can then dial the same number and then put in the recipient’s mobile number, the amount that has to be paid and the PIN. It should be noted that to use the feature; users will need to already have a Paytm account.

Paytm launches toll-free number for offline Transactions

In its official blog, Paytm states, “We are on a mission to democratize payments by empowering every consumer and merchant to pay and receive money digitally. After the launch of our new Peer-to-Peer payment system for merchants, this is yet another step towards our goal of achieving a cashless India.”

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Currently, over a million offline merchants across India accept Paytm as a payment mode. Paytm is being accepted in taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, parking, pharmacies, hospitals, Kirana shops and more

Following the demonetisation of Rs. 500 and Rs. 1,000 notes, many people have signed up for digital wallet services such as Paytm and Freecharge to go cashless. This also helps them avoid the long queues outside banks and ATMs.

Although it’s not the easiest method for making payments, there could be some situations where this feature of using Paytm without Internet or smartphones is useful. For example, several of us have older relatives who still prefer to use feature phones for the simplicity of use.

For such users, who are now forced to transact digitally owing to the demonetisation of Rs. 500 and Rs. 1000 notes, Paytm’s toll-free number, would be helpful. On the other hand, for people who are still using feature phones because they don’t have a smartphone, this number, along with a visit to a cyber cafe, could be very empowering. And of course, there are also people who might prefer to use this method rather than tap through multiple screens on an app.

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One97 Communications, the firm that owns Paytm, is restructuring its business ahead of the launch of its Payments Bank, merging the wallet business with payments bank operation. The company had incorporated Paytm E-commerce and Paytm Payments Bank as separate companies earlier this year.

Source – NDTV