New users will get cashback equivalent to the recharge amount of 1 GB data for Jio, Vi and Airtel
- Everyday, the first 1000 users will get upto 100% cashback on recharging their mobile phone numbers during the innings break
- Applicable on all recharges of Rs. 10 & above from Jio, Vi, Airtel, BSNL, and MTNL.
- Gives users the flexibility to select their preferred payment mode from Paytm UPI, Paytm Postpaid (Buy Now Pay Later), Paytm Wallet, debit and credit cards, or netbanking
India’s leading digital ecosystem for consumers and merchants (1) Paytm has today announced exciting cashback & other rewards on mobile recharges during the current IPL season. Everyday, the first 1000 users will get 100% cashback (upto Rs 50) on recharging their mobile phone numbers during the innings break. This offer is applicable on all recharges of Rs. 10 & above from Jio, Vi, Airtel, BSNL, and MTNL.
Additionally, new users will get cashback equivalent to the recharge amount of 1 GB data for Jio data packs of Rs 11, Rs 21 & Rs 51, Vi data pack of Rs 16 & Rs 48 and Airtel data pack of Rs 48. This offer is applicable during IPL matches everyday from 7.30 pm to 11 pm. They will also get assured cashback points on every recharge, which can be redeemed for amazing deals and gift vouchers from top brands.
To bring more convenience to its users Paytm has recently enhanced its mobile recharge experience with features such as 3-click instant recharges and a user-friendly display of plans. Paytm gives its users the flexibility to select their preferred payment mode from Paytm UPI, Paytm Wallet, debit and credit cards, netbanking or Paytm Postpaid, which enables them to recharge now and pay later. Paytm also seamlessly reminds the users about their plan expirations to ensure that they are always connected.
Paytm spokesperson said, “Mobile recharges are one of the most popular services on Paytm. This upcoming cricket season we want to give a special treat to our users and celebrate the sport with them, with a special offer to give up to 100% in cashback.”
Paytm users can make payments for their electricity bills, mobile, broadband & DTH recharges, rent payments, paying your credit card bills to wealth management through mutual funds, stocks, digital gold, paying your insurance premiums and even train/air ticketing, e-commerce, many more day-to-day needs from the comfort of their homes.
Paytm is India’s leading digital ecosystem for consumers and merchants (1), and offers payment services, commerce and cloud services, and financial services to 333 million consumers and over 21 million merchants, as on March 31, 2021. Paytm is India’s largest payments platform (1) based on the number of consumers, number of merchants, number of consumer to merchant transactions and revenue, as on March 31, 2021, and with a GMV of ₹4,033 billion of FY2021. One 97 Communications Limited (“Company”) is the largest payment gateway aggregator in India for FY2021 based on total transactions, with the widest ecosystem of payment instruments (1). The Company’s lending business (offered in collaboration with financial institution partners), includes personal loans, merchant loans, as well as its Buy Now, Pay Later product i.e. Paytm Postpaid. The Company’s financial institution partners disbursed 1.4 million loans in Q4FY21.
“One97 Communications Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed the draft red herring prospectus dated July 15, 2021 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, and the websites of the stock exchange(s) at ww.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP / Prospectus, when available. Potential investors should not rely on the DRHP for any investment decision.”
(1) Source: Report titled “The Digital Transformation of Payments and Financial Services in India” dated July 15, 2021, prepared by RedSeer Management Consulting Private Limited.