Hello, everyone, today we are going to talk about Paytm. Paytm has launched the new feature called Paytm Loyalty Point. Now the question is What is Paytm Loyalty Point? In this post, we are going to talk about it and tell you everything in details. Check out the full article.
As I opened my Paytm application on the phone, I saw a new option was added in the wallet. The new option was about Loyalty Point 0. I guess till now all of you have seen this new feature in your wallet, right guys?
We know almost everytime Paytm brings a cashback offer. In this cashback offer many times you don't get the cashback but now with each transaction, you will get something. You have to do one transaction and you will get one Loyalty point. which means 1 Loyalty Point= 1 Rupee.
Paytm giant is a Noida based fintech and it has introduced this new feature for its users. "Paytm Loyalty Points" can be collected by the users and they can use it in all the platforms and also in the offline merchant base of Paytm.
The Loyalty Points will get more features in the coming days. The company is encouraging the users to transact digitally through Paytm. Paytm is doing the same thing like e-commerce companies who give a major discount, cashback offers to attract the customers. Now, with this newly launched feature Loyalty Points, it aims to increase the customer in India.
The Senior Vice President of Paytm, Deepak Abbot said, “This will further encourage our users to keep transacting using Paytm, and drive business growth for our merchant partners.”
Just a few days earlier Paytm announced that the QR feature now allows you, offline merchants, to accept unlimited payments to their bank account with 0% charge.
The Loyalty points feature is not a new one if you know. Mobikwik was the first one who introduced its Loyalty program with the offer of "SuperCash". In this offer of Mobikwik, the Supercash was used in the next recharge. So, the Loyalty Points feature is same as Supecash.
So, guys, I hope now you have got what does the Loyalty points mean? If you have any queries then comment in the comment section below.