Paytm launches payments method for non-internet users

Mangalore Today/ PTI

New Delhi, Dec 09: To enable non-smartphone users to go cashless, Paytm on Wednesday announced a toll-free number to enable consumers and merchants without an internet connection to pay and receive money instantly and also recharge their mobile phones.

 

To use this service, customers and merchants need to register with Paytm with their mobile number and set their 4 digit Paytm PIN. They can then enter the recipient’s mobile number, amount and their Paytm PIN to transfer the money from their Paytm wallet to another Paytm wallet.

"We are committed to enabling more and more Indians to be able to transact digitally. The launch of our new toll free payment number is another significant step in that direction. This will allow even non-smartphone users across India go cashless," said Nitin Misra, Sr. Vice President at Paytm.

Paytm is currently accepted by cab hailing apps, petrol pumps, grocery shops, etc. Following Prime Minister Narendra Modi’s speech on November 8 to demonetise high value currency notes, Paytm has been betting big on government’s move to make India a cashless economy.