Everyone knows about the status of India in the current demonetization chaos that called upon the urgent need to find alternatives to run the economy. Official Paytm has stricken the hot iron and is ready to expect its growth and bright future ahead. Well, Paytm plus demonetization is currently the hottest trending term on the internet.
Digital payment company Paytm, which has seen windfall gains last month (during the scrapping of old 500 and 1000 Rs. Notes ) after the demonstration, launches Rs 1212 Cash free Festival, which the company described as its first off-line shopping festival.
LIMITED PERIOD 100% Cashback Sale: The NCR company promises a range of offers, including up to 100% cashback for digital payments made via its Paytm at 15 lakh offline stores across the country as reported by Gadgets now and Gadgets Ndtv updated on 12/12 2016. For this Paytm partners with major offline stores and outlets including Big Bazaar, WH SMITH, Pantaloons, Croma, Spencer’s, Peter England, Allen Solly, Food Panda, The Mobile Store, Heritage Fresh, Burger King and Pizza Hut and more.
Some of the deals for customers who will pay via Paytm in these stores include free movie tickets, cab rides, iPhones and tickets for T20 games and lucky ones get upto 100% cashback. These offers will be available at the sales outlets ranging from the Kirana stores to the larger brand section. Online to offline transactions: If we look at the way users, need to have a working internet connection to pay bills using Paytm Wallet, but the company has turned the tables. The introduction to offline OTP based mode changes the entire game. The company has changed the game towards offline OTP based and QR-based transactions.
The company is pushing hard to promote these operations as they allow convenience and saves the time of the customers. It seems like Payton has joined hands with the revolution to make India cashless and is adding support for the same. Moreover, the company is expecting 3 times to 5 times leap in the transactions through Paytm owing not only to current offers and cash back perks but also the online to offline payment mode.
How People Are Feeling ?
Here is a short story from anonymous about how he felt about online to offline mode. ” Going home via Metro and Bus ride is quite annoying when you have to travel larger distances. Consequences of Cashless days are kinda mixed. Confuses me sometimes. One day I was going back Home from work and -perhaps felt starved. Dying of hunger when I reached nearest Metro station, I was left with little cash with me that I can use either to Go home or for food.
Adding more difficulties to my problem My internet pack had expired, and I had used all my Sim balance. I went to Wh Smith to buy some Juice, Biscuits and Chips So that I can shop some food and eat and stop starving. I asked him I do not have cash, but I had enough Money in my Paytm wallet and Asked for Hotspot connection if he can lend me. He smiled and said You only need to tell me your mobile number and the OTP that will come
on your registered mobile number. At first, I was a little surprised, and I did exactly what he said. Offline payment mode helped in a terrible situation. I left for the metro happily.”
“Do you know: Paytm allows the funds transfer to bank accounts back at a minimal charge of 1% commission. ” Vijay Shekhar Sharma, Founder Chairman of the Board of Paytm, said: “The today Cash free Festival aims to celebrate the inclusion of mobile payments and trade, which is our commitment to work closely with the offline merchants’ community Sellers can accept mobile payments at their stores at zero cost. Following ahead, we will continue the day as an annual event that welcomes the spirit of going cash free.
You can shop today at major offline outlets and can enjoy cashback offers. Netizens have turned in favor of cashless transactions as they are more safe, flexible and have found the modern ways to successfully break the bones of the beast and provide customers with ever inspiring solutions.
Bottom line: You do not need internet connection to pay using Paytm and cashless sale is On.