Well, paytm is has been there for a while in India. The alibaba backed startup has grown way too fast.
I started to use this app a few days back and I booked tickets for kaabil online through paytm. I got a ₹150 discount and I was very pleased with that. Paytm gives you many cashback offers which are all very interesting ones.
Paytm has got a boost in its revenues after the demonetization and is doing a very good job since then. Many roadside tea stalls are using paytm for cashless transactions. I myself used paytm to pay ₹5 for a tea.
The payments that are done through paytm are very safe and are encrypted. many of you would think that hackers can easily hack this app and can get all your bank details. But thats not the case. Paytm takes this very seriously and provides utmost security for its customers.
Another good thing about paytm is that it charges a very nominal amount when you transfer the money in your paytm wallet to the bank account. It even gives cashback when you request funds from the bank account.
Another thing regarding security is that whenever you request fund or pay someone, you have to provide a password that you have set before after the installation of the app. This gives much more security to the users and they can sleep well at nights without thinking about unintentional use of their account.
The main reason why many Indians are using paytm is that its very easy to use and payments to most of our day to day needs can be done through it. No one has to carry a purse full of cash to a restaurant or to a movie hall to give payments. Moreover paytm gives many discount, as talked earlier, and thus making us save a few bucks. These savings gets accumulated after every transaction and after a period of time you can find that you have asaved a lot on your purchases.
Paytm also offers an online store where we can buy good quality products at an unbelievably great discounts. This is the reason why I shop on paytm.
Paytm also lets us to book hotels, flights, buses and trains. This lets us book tickets at the comfort of our home. In this way you save a great lot of time and money by booking the tickets that are very urgent to you. I have booked a bus ticket last day and it was confirmed within seconds. They also gave a 30% discount on that ticket and I was very overwhelmed with their service.
Overall I would say that paytm is an app worth our attention. Its free to download and it also ensure a cashless india if we use it in a proper way. So guys go for it and I guarantee that you will be amazed at what this app has to offer