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History of Paytm
Just like any other Indian startup, Paytm too had a modest start where its services were slandered to mobile and dth recharge. After an embryonic start and firm investment, it went on to add a few more services like data card, landline bill payments, postpaid mobile recharge to its basket.
Subsequent to gripping its footholds with some initial traction in the Indian market, Paytm launched its wallet with an aim to alter the contours of the payment industry with the likes of partners like Uber and Indian railways, who added it as a payment option on their respective payment portal.
Despite its initial popularity, it wasn’t until Nov 2016 when Indian consumer finally agreed to be on the common terms with Paytm. Abrupt halt in the circulation of Rs 100 and Rs 500 notes, enticed the consumers to use the Paytm wallet to make payments, as most of the cash circulation was deemed invalid. And with that, it also launched its QR code feature to make payments faster and easier.
In 2017, after demonetization, Paytm became India’s first payment app to cross 100 million downloads, and its user base skyrocketed, making it a pioneer in the Indian payment industry. It then stomped its foot on an unstoppable train of growth and launched Paytm Gold, which licensed consumer to purchase as little as 1 gm of pure gold online. It also allowed merchants listed on its platform to track and manage their daily settlements seamlessly by launching the ‘Paytm for business’ app. That assisted Paytm to garner nearly 7 million merchants on its platform.
Different Paytm cashback offers and promo codes are helping Paytm to amass a huge chunk of payment system market in India. In the recent past, Paytm has pivoted their focus to a number of verticals rather than focusing on a niche. They also launched the Paytm mall to focus on the marketplace model, and Paytm payments banks for bank allied transactions.
Paytm Offers unique services
What is Paytm Mall and what are the products they offer?
Subsequent to forging India’s number one online payment wallet system, Paytm wanted to notch up and tap into the underlying potential of Indian online marketplace, and thus launched Paytm mall. In a nutshell, Paytm mall is an e-commerce site which lets user purchase goods and services from merchants spread across all categories. Through Paytm mall, the company aims to offer a peculiar amalgamation of mall and bazaar concept to the consumers. Paytm mall focuses on structured categories and brand authorized stores to make user experience relishing and worthwhile.
The most pivotal aspect which sets the Paytm mall apart from its counterparts and gives it a disparate identity is its quality assurance standard. Paytm ensures that every seller crosses some stringent guidelines and quality criteria before featuring their products on Paytm mall. The products listed on the Paytm mall also goes through Paytm certified warehouses and shipping channels, which further enhances customer’s trust.
Paytm mall gives you the luxury to choose from their vast collection of products, with even amazing Paytm coupons and promo codes to compliment them! From consumer durable to fashion accessories, all the products are available at Paytm mall to appease your need.
Not only that, Paytm mall keeps its customers enticed with updated fancy cashback offers and deals on its products. With over 1.4 million sellers on board, and spread across domains like fashion, electronics, consumer durable, and FMCG, Paytm mall is becoming the most trusted marketplace in India.
Paytm wallet cashback system
After demonetization, every wallet had its fair share of stupendous growth in India but one wallet which went passed every other wallet was Paytm wallet. The scarcity of cash made digital wallets a necessity to common lives in India- at least to users with a smartphone, and who knew how to propel their way through the Paytm wallet app. In 2017, Paytm reported 255 million transactions in their wallet, and the numbers are ever-increasing.
So, what exactly is Paytm wallet? Paytm wallet, is basically, a digital wallet that empowers an individual to make payments online. It lets users add money to its wallet through a bank account or debit/credit card, and make payments or shop with its partnered merchants. A user needs to set up an account using a phone number and an email id, to transfer/add money to its wallet. Once set up, the wallet can be used to recharge mobile, DTH, book flight tickets, movie tickets, and pay electricity bill online. The wallet also provides attributes like money transfer, forex exchange, gold purchase etc to the consumers. All the transactions are seamlessly and completely safe from any external threat.
Making payments through Paytm wallet comes with hoards of benefits and opportunities to save more. Not a single offer lays dormant with monotony but comes with exciting cashback deals and offers on purchases. Whether you’re looking for a coupon code on movie or cashback deals on flights, you can find it all on Paytm wallet.
Cashback deals on Paytm extend to several categories like movie tickets, bus tickets, e-commerce products etc. You can also find amazing deals and Paytm coupon codes on utility bill payments, mobile recharge, gas bill payments etc.
If you want to avail an offer with a great cash back on its purchases. Simply, go the offer, check out for the payment and search for the promo code relevant to you. If there’s isn’t any with much saving options, you can look for online portals or affiliate sites for great deals and promo codes. The coupon codes for Paytm usually expire in a month. So, you need to act fast on your feet to grab the deal that you have been craving for months.
How much cashback does Paytm gives to its customers?
Cashback offers on Paytm dissents from service to service. For instance, a cashback offer on the flight would be much greater than that of a movie ticket. Paytm updates its offers monthly, so you need to keep a stringent eye on them if you want to save more.
Different types of Paytm sales
With every festive season in India, comes an opportunity for strong players in the market to tap into the hearts of Indian consumer through huge cashback deals and promo codes. Under their ‘special sale season’, they offer a number of coupon deals and cashback offers for website and app users alike. To become a prominent player in the e-commerce industry it’s of paramount importance to exploit the holiday and festive season and make the most of it. Paytm is not behind in this rat race, and provides its ardent users with such amazing Paytm coupons and voucher codes once in a while.
Woocoupons is India’s fastest growing coupon engine, which filters out the best coupon deal from several sources for you. We vow and are striving hard to provide you with the most potent Paytm promo codes and cashback offers across all categories. With Woocoupons, you’re just one click away from exciting deals, that are bound to enhance your savings. We curate the best Paytm cashback offers, that are sure to compliment your needs.
Here, you’re sure to find the best Paytm coupons and deals that are sure to delight your needs and make things more affordable.
Founded in 2010 by Vijay Shekhar Sharma, Paytm promptly positioned itself at a prominent place in the Indian e-commerce and payment system landscape with its comprehensive service. Paytm, originally a subsidiary of one97 communication, lets users transfer money, make payments, book flight and movie tickets etc at one stroke. With over 7 million merchants on-board, consumers can seamlessly make payment from a debit/credit card, bank account or digital credit without stressing over to carry those bulky leather wallets.
In 2017, the company launched Paytm payments bank, with an aim to dispense the financial and banking services to the undeserved Indians. Among its many offerings, a customer can use Paytm to recharge mobile, DTH, Metro smart card, utility bill payments, book events, flights, movies, hotel rooms etc.
Additionally, Paytm can be used to purchase or sell a number of goods and services on its e-commerce platform. To make payments facile and brisk, they also put forth the notion of QR codes in India.
Paytm reckons to proffer the best curated Paytm coupons and deals for its users, and also ensures that they save a little extra through some perplexing Paytm cashback offers. Backed by some prominent investors and engrossed by a collective sight, Paytm is striving its way forward in becoming the largest payment gateway in India.
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