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News

Paytm rolls out offline payments solution Paytm Tap Card

Friday 27 April 2018 11:12 CET | News

Paytm has now introduced a new payments solution, Paytm Tap Card, after updating its app. 

Paytm Tap Card uses near-field communication (NFC) technology to enable digital payments, completely offline at Paytm-issued NFC PoS terminals, in under a second.

To make payments, users can add money from their Paytm account by scanning the QR code on the Tap Card and by authenticating it at any of the add value machines (AVM).
 
The company claimed that the new offering is in sync with the company’s vision to provide innovative and seamless payments solutions for non-internet customers.
 
The company is also partnering with events, educational institutes and corporates in the first phase to enable quick digital payments using this card. The customer has to simply tap the card at a merchant terminal to pay, offering them a mode of payment through Paytm even while they are not carrying their phones.


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Keywords: Paytm, offline payments solution, Paytm Tap Card, mobile payments, payments app
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

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