Paytm is a mobile and online payment platform in India. It has over 100 million users, who can use it to make payments across various platforms and services, including restaurants, cabs, hotels, movie theatres, and more.
Users can also use Paytm to shop for goods and services online (via the Paytm e-commerce portal) or pay bills (including home loans and utilities). And if that’s not enough, you can also earn bonus points on every purchase you make via the app using your linked bank account or debit/credit cards!
- Easy access to a range of shopping options: You can buy anything from clothes to electronics through the Paytm marketplace.
- Convenient payment methods: You can use your debit/credit card or bank account with PayTM to easily pay for things you need. Plus, there are many other convenient ways to pay with Paytm – like booking taxis or hailing rides from fellow users on its ride-sharing service!
- Secure transactions: Your personal information is always safe when making purchases or accessing your accounts via the app. All data is protected by 128-bit encryption technology.
- Rewards for spending money regularly: Earn rewards – ranging from cash back to credits – by referring friends and family members to join Paytm! This way, everyone gets rewarded for their participation in financial activities!
There are a few potential cons of using Paytm. For one, the company is often accused of being unethical and billing users for services they did not request or use. Additionally, there have been reports of banks blocking payments to Paytm users because they allegedly violated their terms and conditions.
So, should you avoid using this app?
That depends on your circumstances. If you’re unhappy with how the company is running its business practices (or if you’ve had trouble paying your bills), it may be best to steer clear. However, overall, Paytm has a large user base across India and appears to be functioning well enough for most people.
How To Earn Money Through Paytm?
There are several ways to make money through Paytm. You can earn Cashback on your purchases, sign up for surveys and offers, or take part in games and challenges. There’s always something new happening on Paytm, so there’s always something waiting to be discovered!
Here is a list of some of the most common ways to make money through Paytm:
– Paytm EMI: If you have an account with Paytm, you can get paid for referring your friends and family to use our platform. You will receive a percentage of their transactions (up to Rs 2,500 per referrer) every time they make a purchase on our platform using your referral code.
– CashBack: Get rewarded for shopping at participating retailers across India using our CashBack program. Simply link your bank account or debit card and start getting Cashback in your wallet as soon as you spend! Plus, there is no limit to the number of rewards you can claim each month.
– Referral Bonus Program: We offer high rewards to those who bring new users onto our platform. As long as you refer someone within the last three months and that person completes at least one payment before leaving our network, we’ll give them $10 in free credit worth up to Rs 2000*. (*Referral bonus may vary depending on user’s status upon signing up).
Things To Remember Before Using Paytm:
Before using Paytm, it is important to be aware of the following points:
– Paytm is a payment platform and does not store or process financial data. All transactions are processed through the third-party merchant gateway. Therefore, if you have any issues with your transaction, please contact the merchant directly.
– You should always consult your bank’s terms and conditions before using any online service. Some banks may not allow their customers to use online services that involve direct payments (like PayPal). Make sure to check with your bank beforehand if you’re unsure about how this will affect your experience with Paytm.
– Always keep a copy of all receipts so you can track the status of your order in case there are any problems along the way.