Here is big news coming from the end of the biggest E-wallet company, PayTm where now you don’t need to use Smartphone as well as data connection to pay via this app. As per the recently announced by the company that it has extended its reach when it’s come to non internet subscribers, it would be really beneficial for those who are using basic phones.
As per the company, which has just initiated a toll free number that is (1800 1800 1234) just to allow clientele lacking of internet connection to pay and accept money right away along with recharge on the mobile phones as well.
To use this service, both customers and merchants will first of all require registering with PayTm in the course of mobile and setting up a 4-digit PIN as well.
They can now enter the receiver’s mobile number too just to transfer the money from their PayTm wallet to another’s wallet.
Though, users still need a Smartphone right at the beginning along with an internet connection just to connect their PayTm to use this feature. Calling on that toll-free should be commencing the number that has been subscribed earlier.
As of now it is not just feasible to obtain a PayTm account shaped via phone. In the same way, just to add currency in wallet, customers would require to log in to that particular app. Well it is feasible to locate the nearest cash-in point nearby and top-up that particular account as well.
PayTm rolled out characteristic suggesting users to send money from their wallets to any bank account at 1% transaction fee. Though, as per company, they won’t charge back on bank transfer. Company’s latest move is yet to come after another company proclaimed it’ll permit fund transfers to bank accounts at 0% transaction fee. This is going to be a big update when it’s come to other e-wallet market’s update.
PayTm has been one of the major beneficiaries after Rs 500 and Rs 1000 currency notes ban. The platform has observed the returns to move up by multiple times after the announcement.
Stay tuned for more PayTm, E-wallet news and other Technology related news.
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