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Paytm Introduces An Offline Payment Method Through Calls

Users will have to set up a PIN in the Paytm app for the first time.
A sign for the PayTM online payment method, operated by One97 Communications Ltd
Bloomberg via Getty Images
A sign for the PayTM online payment method, operated by One97 Communications Ltd

NEW DELHI -- Digital payments platform Paytm today announced a toll-free number to enable consumers and merchants without an internet connection to pay and receive money instantly and also recharge their mobile phones.

Customers and merchants will need to register with Paytm their mobile number and set a four digit paytm PIN, the company said in a statement here.

"They (users) can then enter the recipient's mobile number, amount and their Paytm PIN to successfully transfer the money from their Paytm wallet to another Paytm wallet," it said.

"We are committed to enabling more and more Indians to transact digitally. The launch of our new toll free payment number (180018001234), is another significant step in that direction. This will allow even non-smartphone users across India to go cashless," Nitin Misra, senior vice president, Paytm said.

Currently, over a million offline merchants across India accept Paytm as their preferred payment mode, the company claimed.

Paytm has a current user base of over 160 million. The company's investors include Ant Financials (Alipay), Alibaba Group, SAIF Partners, Sapphire Venture, Mediatek and Silicon Valley Bank.

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This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.