It is a mobile wallet a digital place to store your money and do transactions as according to your preference but the problem is that even till now not everyone is equipped with a paytm wallet that one can forget cash at home and shop and do everything using paytm only. So I will break it down for my review.
Concept: The concept of a digital wallet is superb specially in a country where there are more than 300million smartphone users. But a large portion of them use a smartphone to just call and media consumption and many are not aware of the thing called paytm and many do not prefer to transact which involves the bank.
Layout of the app is superb and convenient and it is very easy to find all the things you want except the offers. When the company was new there used to be great offers but as they became popular their offers slowly decreased.
App has great features like paying anywhere who accepts paytm mode of payment. Now online shopping also accepts paytm, various stores are also seen accepting paytm which is very prevelent is big cities but not in small towns or villages. You can transfer your money in wallet back to bank for just about 0.2% tax. You can book tickets for movies, busses, trains and many more.
It is very useful in the senario where you do not want to carry much of a cash. Very useful in big cities but not so useful in small towns and villages.