Who had thought that one day you would be able to transfer money to someone’s account by just putting his mobile number? Hatsoff to the concept and its Makers. PayTm is truly the next big thing of E-commerce. Please look below for a detailed input: -
Very Simple to use: - Just like it’s simple slogan Pay Tm Karo, even transferring money to another number( which is the main concept of Paytm) is also very very simple. Just 1 click, and within seconds the beneficiary gets the money in his PayTm wallet.
Absolutely Safe: - For all those who are sceptical about the genuineness of PayTm, please note that it is PCI DSS 2.0 certified and is used by millions of users every month. So it is as safe as you feel your bank account is.
Online Shopping & Recharge options: - Along with the money transfer facility, PayTm also provides a platform for online shopping, Recharges and bill payments, and other deals and offers from its channel partners( e.g.-Uber) . Although I do agree that the promotions and discounts are not that high as some of the other websites offer, but still you have an option open.
The only bad thing about PayTm is that, once you transfer money from you bank Account to your PayTm wallet, the money cannot be transferred back to your bank account. It can be used for a lot of purpose as stated above, but you cannot transfer it back.
In short, I just love this new generation technology which makes my day to day activities even more simpler.