I have been using paytm wallet since I got my first cashback of Rs.70.
pros:- the best benefit: cashback
paytm wallet is very beneficial in terms of mobile, DTH, data card recharges as there are so many cashback offers available on the website on different recharges. you can also get cashback on bill payments, hotel & bus ticket bookings.
cons
remember to read the terms & conditions of cashback as there will be written flat x% cashback but there will be a maximum cashback limit which is upto Rs.100 in most of the cases.
the website works slowly.
not good for online shopping, after cashback the price of product is the original price of the product in most cases.
my experience: I got Rs.100/- cashback on DTH recharge of Rs.500/-