Friday, October 22, 2021

*Paytm offer for India vs Pakistan T20 World Cup match — flat 10% cashback on DTH recharges of Tata Sky, Airtel, Dish TV and others*

 - All DTH recharges done on October 24 will see users winning cashback of 10% of upto ₹40 

- 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 net banking. 

India's leading digital ecosystem for consumers and merchants (1) Paytm is celebrating the spirit of the India vs Pakistan cricket match by announcing an exciting offer for its users. For all DTH recharges done on 24th October 2021, users will receive a flat cashback of 10% up to ₹40. Users will be able to avail this cashback on DTH recharge of all major operators: TATA Sky, Airtel Digital TV, Dish TV, D2H, and Sun Direct. 

To avail of this offer, a user just needs to apply promo code "IndVsPak" before completing the payment for DTH recharge. In addition to the above offer, existing users can continue to avail of assured rewards of up to ₹500 from recharges of all major DTH Operators: TATA Sky, Airtel Digital TV, Dish TV, D2H, and Sun Direct. These offers are applicable on all match days for all subscription plans.

To bring more convenience to its users Paytm has recently enhanced its DTH Recharge payment experience with features such as 2-step instant recharges and timely reminders about plan expirations. Paytm gives its users the flexibility to select their preferred payment mode from Paytm UPI, Paytm Wallet, Paytm Postpaid (Buy Now, Pay Later), debit and credit cards, or net-banking. 

Paytm Spokesperson, "DTH recharge is one of our first offerings for users across India, where we remain focussed on providing a seamless recharge experience. The India vs Pakistan match during Cricket World Cup is always one of the most watched matches for cricket fans and we share the excitement with our users with our new cashback offer.”

Paytm users can make bill payments across various categories including electricity bills, mobile, broadband & DTH recharges, rent payments, credit card bills as well as access wealth management through mutual funds, stocks, digital gold, paying insurance premiums and even train/air ticketing, e-commerce, many more day-to-day needs from the comfort of their homes.

About 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. 

Disclaimer: 

“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.

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