New Delhi, India, April 22, 2014: Paytm, India’s preferred destination for shopping, online recharges and bill payments for Mobile, DTH, 3G data and utility services, had extended its services for its customers under Paytm Cash earlier this year. Paytm Cash is RBI approved semi closed wallet service provided by Paytm. For busy customers, it is the quickest and easiest way to pay postpaid and utility services bills as well as buying mobile recharges. It also provides the most convenient way to shop while ‘on the go’ from Paytm’s mobile marketplace.
All you have to do is to load the desired amount of cash on your Paytm wallet using Debit/Credit card or through Net Banking. From a security perspective, it is the safest method to use for online/mobile payments since it eliminates the need to use your credit/debit card numbers and bank passwords every time a transaction happens.
Even if a transaction fails, the money is refunded back to your Paytm wallet in the form of Paytm Cash. Users have the option to immediately use the refunded money for paying bills or avail any other service on Paytm or even get the refund transferred to their bank directly.
With Paytm cash balance, users can also pay their bills by sending an SMS or via IVR. So even if you are traveling, Paytm cash provides you hassle free and fully secure way to carry out your daily transactions including shopping.