Paytm wallet has been a very good initiative towards digitization. It was one of the earliest approach. We can add money into the paytm wallet and can use it for digital payment. They have also provided with the feature of transferring money from paytm wallet to bank account. There are multiple cahback offers on air if you pay via paytm wallet. Paytm wallet has actually made india cashless. we can easily pay via paytm wallet be it be for railway booking, booking cabs, online shopping.