Economy

Paytm launches cashback points offer, users can win a car worth Rs. 6 Lakhs as bumper prize this month

Mumbai: 28th March 2022: One97 Communications Limited, which owns the brand Paytm, India’s leading digital payments and financial services company, enables millions of users across the country with secure and convenient digital payments. The company has announced a Jackpot offer, where users can win exciting rewards leveraging their cashback points. Paytm users can participate in the Jackpot by spending 100 cashback points and stand a chance to win the bumper prize — a swanky new car worth Rs. 6 Lakhs.

  • Announces a ‘Jackpot’ draw, where users can participate by spending 100 cashback points
  • Transacting on Paytm enables users to win cashback points along with flexibility of paying through Paytm UPI, Paytm Wallet, Paytm Postpaid, netbanking, credit and debit cards
  • Offers many other Jackpots with grand prizes such as Car worth ₹6 lakh, Apple iPhone 13, Oppo Smartphones, Leaf Headphones, among others

Cashback Points is an exclusive rewards program for Paytm users. On payments made through the Paytm app, users can earn points, whenever they add money, transfer money, recharge mobile, or pay their utility bills.

The Cashback Points program has been steadily growing and today users can use Points to avail gift vouchers, buy exciting deals and participate in the Paytm Jackpot.

Today, the company is running multiple Jackpots offering a host of exciting grand prizes to users such as a Car worth Rs. 6 lakhs, an iPhone 13, Oppo Smartphones, and Zomato subscriptions. Over and above the bumper prize, every participant in the Jackpot gets an assured deal on participation. The assured deals are exclusive deals from top brands like Zomato, Oppo, Gaana, Tata Cliq.

Narendra Yadav, Senior Vice President, Paytm said, “We strive to offer the best in digital payments to our consumers and merchant partners, in the most seamless manner. With the Jackpot offer, we hope to encourage more and more users to redeem their Cashback Points and avail its benefits.”

About Paytm:
Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases and then cross-selling them higher margin financial services products. Paytm offers a) payments to consumers and merchants, b) financial services, particularly lending, and c) other merchant services (Commerce and Cloud). The company provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid – Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.

This article was shared with Prittle Prattle News as a Press Release.

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