Paytm launched new payment mode called Tap Card, Here We will show you How to Use Paytm Tap Card which can be used for offline digital transactions.
How to use Paytm Tap Card
Paytm Tap Card is Based on NFC and it will be responsible for Offline Payments. You can Your Transaction in 0.5 Seconds As Paytm Claims. Tap Card will be safe Digital Payment.
This will be very simple Steps to use Paytm Tap Card like if you have balance in your Paytm Wallet and at the same time you don’t have Internet Connection. then you can share your QR Code which will be Provided to you in your Tap Card. You can show it to any merchants and they will scan it. It will be scanned via AVM (add value machine).
Paytm has reportedly partnered with events, educational institutes and corporations in the first phase of roll out to enable quick digital payments with the Tap Card. Customers simply have to tap the card at the merchant’s terminal to pay, which is way more convenient that the usual mode of payment through the Paytm app. Users can buy the Tap card from Yeldi for a one-time payment of Rs. 100.
Kiran Vasireddy, COO of Paytm said,
“We are aggressively pushing digital payments to users from every walk of life. There are a large number of people who at times do not have access to the Internet or they have a limited daily budget so they shy away from using online payments. For them, we offer the Paytm Tap Card to enable seamless offline payments. For ensuring a wider acceptance, we are also reaching out to the merchants and are actively enabling them with NFC PoS terminals to accept payments without Tap Card. This is a true testimony of our commitment to understanding the needs of our users and creating innovative solutions around it”.