● Navratri Gold Offer starts from October 7th and will last until October 16th
● Along with Paytm Digital Gold, users can win cashback points on every booking
● Offers flexibility for choosing payment modes from Paytm Wallet, Paytm UPI, cards, netbanking or Paytm Postpaid.
India's leading digital ecosystem for consumers and merchants (1) Paytm today announced the launch of its ‘Navratri Gold’ offer for LPG cylinder bookings. Between 7th and 16th October, 5 lucky users every day will win Paytm Digital Gold worth Rs. 10,001/- on booking their LPG cylinders through the Paytm app.
This offer would also be applicable on payments of existing unpaid cylinder bookings done using the "Book Gas Cylinder" feature on the Paytm App. Besides this, all users will get assured rewards of up to 1000 cashback points on every booking, which can be redeemed for amazing deals and gift vouchers from top brands. This ‘Navratri Gold’ offer is applicable on cylinder booking of all 3 major LPG companies – Indane, HP Gas, and Bharatgas.
Recently, the company enhanced the cylinder booking experience by adding innovative features that enable users to track the delivery of their gas cylinders, and also receive automated intelligent reminders for refills.
All that a user needs to do is go to the ‘Book Gas Cylinder’ tab, select the gas provider, enter Mobile No./LPG ID/consumer no., and then make the payment using their preferred mode of payment such as Paytm Wallet, Paytm UPI, cards, netbanking or Paytm Postpaid, through which customers will also have an option to book now and pay next month. The cylinder is delivered to the registered address by the nearest gas agency.
Paytm Spokesperson said, “We want to celebrate the festive season with our users by offering cashbacks and rewards on LPG Cylinder booking, which is one of the most popular spends on our platform. Every day 5 lucky users will win Rs 10,001/- worth of gold on Paytm.”
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.