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.
To use this service, as a first step, customers and merchants need to register with Paytm with their mobile number and set their four Digit Paytm PIN. They can then enter the recipient’s mobile number, amount and their Paytm PIN to successfully 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 Senior VP Paytm, Nitin Misra.
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.
Paytm can also be used to pay for services like recharges and bill payments, utility payments, movie tickets, travel bookings, food ordering and shopping. With its assertive focus on mobile payments, the company is inching closer to its aim of making cashless transactions a way of life across India.
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.