SPIRIT OF MUMBAI

India’s leading financial services platform Paytm is now empowering feature phone users to recharge for their Vodafone Idea numbers with just a valid UPI ID. Along with the telecom major and National Payments Corporation of India (NPCI) to extend this service throughout the country. The move would help crore of citizens who mostly use feature mobile phones to now top up their numbers without having the need to visit physical stores. The company added said that there is no need to have a mobile-internet data facility and non-Paytm app users can also easily avail of this service. Paytm said that this service is based on the NPCI’s innovative payment service *99# which works on the Unstructured Supplementary Service Data (USSD) channel. This service allows mobile banking transactions using basic feature phones without the need of having a mobile internet data facility for using USSD based banking. It is envisioned at the financial inclusion of the underbanked in main...

Mumbai, May 25, 2020:  India's leading financial services platform Paytm Travel, today announced that with the government easing lockdown norms and allowing domestic airlines to resume operations, the company has seen an increase in the demand for air tickets. According to Paytm Travel, a majority of the tickets being sold are of travellers going from metropolitans to tier-II and smaller cities.  The flight search volume on Paytm Travel in the last few days has been trending at close to 200% of the average daily search volume witnessed before the lockdown began in March. Since the bookings opened up,  there has been  over 85 lakh  searches  for flight tickets with a surge in demand happening over the weekend. The searches hit a peak of 1.77 lakh requests per hour during the last three days. Due to the last three consecutive lockdowns, several travellers had to stay back in metro cities mainly New Delhi, Mumbai, Bengaluru which they might have...

Mumbai, 22 nd  May’20 : India’s leading financial services company Paytm has today announced that ‘Business Khata’ has become India’s fastest-growing e-ledger service. As more kirana stores are adopting digital transactions to avoid cash, Paytm has recorded over Rs. 1500 crores of payments since the launch of its Business Khata services in January this year. During the ongoing lockdown, the service has witnessed 4x growth both in terms of new merchants and the total number of daily transactions. Paytm has revolutionized the offline payments with it's QR based merchant payments. The company launched Business Khata to enable kirana store partners to maintain digital ledgers of all their customer transactions including cash and credit (udhaar). Using this service, a million merchants have moved digitally and have also learned to set payment due dates for credit transactions & send automated reminders. With this, the customers receive a notification with the...

Paytm Money Launches the National Pension System (NPS) on its App Retirement planning with an additional tax deduction of up to Rs.50,000 under section 80 CCD (1B) over and above the benefits available under Section 80C Now invest in Tier 1 (Tax Saver scheme) and Tier 2 (Zero Lock-in Period scheme) Mumbai, May 12, 2020:  Paytm Money today announced the launch of the much-awaited National Pension System on its app, post-approval from the  Pension Fund Regulatory and Development Authority   (PFRDA),  making it one of the first online platforms in the country to do so. This new addition is expected to benefit investors by helping them save for their retirement while also enabling tax benefits . In 2009 the ‘All Citizen Model’ in NPS was launched which allows any individual to enroll in NPS. However, till date, only 13 lakh investors have enrolled under the ‘All Citizen Model’. Paytm Money intends to increase this number manifold by enabling investments...

As our country adapts to the new world of social distancing, masks & gloves, Paytm, a digital payment platform, has seen a 200 % increase in broadband & data card bill payments, along with 42 % increase in mobile recharges and 30 % increase in spends on groceries during the lockdown. Paytm has ensured that people are able to make all essential payments from the safe confines of their home. The company has revamped the Paytm app UI with a ‘Stay at home Essential payments’ section to include Mobile & DTH Recharge, electricity, water, gas, credit card & insurance premium payment among others. Please find below all major data pointers of various segments where Paytm has seen an increase for your ready reference. The data is from 22 March-15 April. *42% increase in mobile recharges *58% increase in DTH recharges *200% increase in broadband/data card bill payments *30% increase in spends on groceries *30 % increase in payments at pharmacies *15% increase ...

Mumbai, May 7, 2020:  India’s leading financial services platform Paytm today announced the launch of its new loyalty program for kirana stores that would empower millions of small businesses in the country with a host of benefits. The company has set aside Rs. 100 crores, which would be invested in giving access to financial services and various marketing tools to encourage kirana stores to accelerate the growth of digital payments through Paytm All-in-One QR during the COVID-19 pandemic. As part of this new loyalty program, all merchant partners will be eligible to earn reward points for accepting payments from Paytm Wallet, Rupay Cards, and all UPI based payment apps. The collected points can be redeemed for a voucher instantly or for purchasing exciting merchandise from the Paytm for Business app, such as sound-box, EDC, etc. The banks charge fees to load the wallets and Paytm will be returning this 1% MDR charged on wallet transactions through this loyalty program and fina...

A unique QR displayed at the restaurant will offer a food menu to take instant orders Minimizes physical contacts such as the menu, waiter interaction, billing and cash transactions Supports payments via Paytm Wallet, Paytm UPI, net banking and cards   Mumbai,  5 th  May’20 : India’s leading digital payments & financial services platform Paytm is now entering into the restaurant's food ordering business. Post the lockdown, the nation will require a safe & hygienic food ordering & dining experience which prompted the company to build a ‘Contactless In-store Ordering’ for restaurants and eateries. The company has innovated a unique QR that will be displayed at these restaurants that users can scan from the Paytm app to browse the menu and place instant orders thereby avoiding the need to touch the menu card which could be unsanitized and also minimizing interaction with the servers. This food ordering experience supports each of the payment methods that inc...

India's leading digital payments and financial services platform, Paytm today announced that it has raised over Rs. 2 crore for its ‘Feed My Initiative’. The company has been encouraging fellow citizens to donate on the app and contribute towards serving meals to the daily wage earners in Noida, Mumbai, Bengaluru, Chennai, & Hyderabad. Recently, Paytm partnered with KVN Foundation to serve meals to people who have lost their source of income due to the lockdown. The company has been requesting everyone to support this initiative by logging on to their Paytm App and clicking on the ‘Feed My City’ tab to donate. Together, Paytm and KVN Foundation are already serving over 1 lakh meals per day across the 5 cities. As the lockdown gets extended, they are targeting to serve another 20 lakh meals over the next few weeks. Siddharth Pandey, Vice President - Paytm  said, "With generous contribution from our users, we have raised over ...

To reduce the spread of COVID-19, people are advised to stay at home under the precautionary guidelines. In such a situation, the residents of Maharashtra can make all essential payments like electricity bill of Maharashtra State Electricity Distribution Company Limited (MSEDCL) and Mahanagar Gas (Mumbai Metropolitan Region and adjoining areas) and Orange City Water using the Paytm app. India's leading digital payments and financial services platform Paytm has recently revamped its user interface with ‘Stay At Home Essential Payments’ feature. Thus all billing related requirements have been integrated on one single platform, where the people can easily select the icon of various service providers without switching to their respective websites. Marvellously curated, this new app also enables its users to seamlessly make payments for their mobile and DTH recharge, electricity, bill, credit card, etc. It also has the options for booking gas cylinders, and a speci...

In the fight against COVID-19, India’s leading digital payments & financial services platform Paytm is aiming to contribute Rs. 500 Crores to PM CARES Fund. The company has been putting various efforts to encourage fellow Indians to join the cause and make a contribution to the PM CARES Fund. On the first payment through UPI linked bank account, Paytm will give a flat cashback of Rs. 50 to the user. The company has launched this initiative as a gesture to thank fellow Indians who have selflessly come forward to help the country during this crisis. Users can simply go to UPI Money Transfer and link their bank accounts. Once linked, they can transfer money directly to any bank account free of charge on the Paytm App. They can also send any amount to PM CARES Fund by entering the UPI ID (pmcares@sbi) or the bank account details (A/C: 2121PM20202 & IFSC: SBIN0000691). If this is their first-ever Money Transfer on Paytm app, they will instantly get Rs 50 cashba...

           E-commerce platform guarantees exciting offers and cash-back for fans The badminton fans across the country can now book tickets online through Paytm & its affiliates to watch their choicest matches while routing for their favourite teams during the fourth edition of the Vodafone Premier Badminton League (PBL) , which commences from December 22 at Mumbai. The PBL, organised by Sportzlive under the aegis of Badminton Association of India (BAI), will be using the popular e-commerce platform to reach out to maximum users and at the same time provide value  adds to fans for the tickets bought. “We wanted to give more value to the fans and not just buy tickets of the matches, and association with Paytm platform helps us achieve that goal,” said Atul Pande, Managing Director, SportzLive. “Fans will also get an opportunity to redeem and utilize cashback offers on the tickets they are booking online,” he further added. This was t...

                                                                                      We sisters are crazy about Shopping. SALE is not just a 4 letter word but synonyms with Diwali for us. Naturally,  Big Bazaar 's  Mahabachat ( Independence day sale )  makes us lit like Phoolzadis due to amazing offers , fantastic discounts, Buy 1 Get 1 free deals on over 300+ brands , 1000s of products .  I love to show of, How much I saved at  Big Bazaar's Mahabachat  festival every year, which is a Super-hit since 11 years.  We actually plan in advance, always for the  Big Bazaar Mahabachat  -Premiere : 1st day , 1st show i.e. as soon as the mall opens ( 9.00 am ). This is a sure shot winner as we are welcomed by smiling staff,...