You use Paytm Wallet to buy goods from grocery stores, pay water and electricity bills, book gas cylinders, recharge mobile and DTH, or for online orders. Paytm has emerged as the largest digital payment option across the country due to the highest circulation. At the same time, Paytm has announced cashback and rewards for mobile recharge and bill payment. The company has announced 3 Pay 300 Cashback Offer (3 Pe 300 Cashback Offer) on its platform.
Under this offer, new users will get a fixed cashback of up to Rs 100 on the first three recharges, while existing users can win rewards of up to Rs 1000 on every recharge. These offers will be applicable on prepaid recharge of Jio, Vodafone Idea, Airtel, BSNL and MTNL and post-paid bill payment.
Chance to win additional cashback by participating in referral program In addition
to receiving rewards for recharge and bill payment, users can win additional cashback by participating in the company’s referral program. The company says that whenever a user invites friends and family to start a recharge on Paytm, both can earn up to Rs 100 cashback.
Paytm, Ola and IndusInd Bank to apply for UP, payment networks to be made like UPI
It is worth noting that Paytm, Ola Financial and IndusInd Bank are planning to apply for a New Umbrella Entity license. This will enable companies to create a payment network like the Unified Payments Interface (UPI) operated by the National Payments Corporation of India (NPCI). Meanwhile, the RBI has extended the application date for the New Umbrella Entity to 31 March.
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