When Vijay Shekhar Sharma started Paytm in 2009, his dream line was,”One million orders a day will happen here.” Now his dream has indeed moved towards reality, with Paytm being the fastest Indian startup to cross the billion-dollar valuation.
The company began as an online recharge portal offering recharges on prepaid mobile services. Today, Paytm is the biggest player offering mobile and DTH recharges from all leading service providers.
It went on to become an online payment platform allowing online payments services for data card bills, electricity and gas bills etc.
Paytm ventured into the e-commerce marketplace around 2010 starting off on mobiles and diversifying to other products like electronics, fashion, kitchen appliances and so on. Now, they are the one of the leading e-commerce players challenging big players like Amazon, Flipkart and many more.
According to Paytm, they have more transactions per day than all leading e-commerce sites put together.
- At present, Paytm is doing 8 million transactions every month!
- It has more than 10+ million registered users.
- The site has 15 million visits per month.
- 50% of the transactions are through the Paytm mobile app.
Paytm Mobile Wallets
In 2012, Paytm began its online payment service via Mobile Wallets.
Paytm has the market leadership in mobile wallet payments with over 120 million Paytm wallets.
Paytm wallets can be used to make bill payments, transfer money, and avail services from merchants forrom travel, entertainment, and retail industry.
Why is the Paytm wallet the most preferred among mobile wallets? Here’s the answer:
We bring you in detail where Paytm wallets make your online Payment just a breeze.
Where Paytm Wallets can be used
Besides using Paytm for recharges and bill payments, they can also be used across a wide range of services like payments in e-commerce sites. Some of the online stores which support Paytm Wallet transactions are:
- Uber
- Bookmyshow
- Jabong
- India times Shopping
- Ebay
- Ferns and Petals
- Infibeam
- Dominos Pizza
- Makemytrip
- RedBus
- These are the leading stores, but if you find other stores offering you Paytm payment options we suggest you go for it for the hassle-free experience.
- Paytm has recently tied up with IRCTC. You can book your IRCTC tickets or buy food for train journeys using Paytm Wallet as a payment option.
- Paytm now allows users to transfer money to other Paytm wallet users and also to bank accounts.
- Using the Paytm wallet, pay for petrol at Indian Oil pumps.
- Refunds anywhere are easier than before with credits being done faster to the Paytm Wallets.
Top Categories where Paytm offers 100% Cashbacks
Paytm users periodically avail up to 100% cashbacks on selected payments and purchases in:
- Home Furniture and Kitchen Appliances
- Sports and Health Products
- Fashion Sales
- First time users at times get cashbacks of 100% on mobile recharges.
- Stationery
- Books
- Kids Toys
To avail any of these, just apply promo codes and the deal is yours! Coupon sites like Shoppirate.in offer you all the latest promo codes to make best use of these cashbacks.
Other fabulous Paytm Wallet Offers
The rising phenomenon of smartphones for making quick, hassle free payments has led to the unprecedented rise of Paytm Wallet in India. The rewards of paying through Paytm wallets are immense with good cashbacks on any purchase or payment. Some of the biggest offers you get are on the following:
Bus Tickets:
With Paytm wallets, bus ticket bookings are easier than ever before. There are a host of offers like Cashbacks and discounts when you book with Paytm wallets.
- The latest prevailing offer on bus ticket bookings is 15% off on all bus ticket bookings. (Use code: FAMILYBUS)
Kitchen and Home Appliances:
Purchasing home appliances for a steal deal is all the more easy with Paytm offering excellent Cashbacks on all items you purchase from them like Sewing machines, curtains, furniture etc.
Want to check them out. Here are the details:
- Get 30% cash back on the much in demand Singer Sewing Machines and get it at a steal deal. (Promo Code: HOME30).
- There are never ending offers on every purchase you make. For e.g. Buy a Centre Table of the finest quality for on a huge 30% discount when you use your Paytm wallet.
- There are scores of offers on every product like Gas Cooktops. A Pigeon 4 Burner gas cook top can be purchased for and extra cashback of 40%. (Promo code: HNK)
- Get 35% cashback on purchasing premier dinner sets applying promo code HNK25.
Electronics:
It’s always raining big offers on all electronics goods and gadgets. These types of steal deals on every single purchase can be found when using the Paytm wallets which explains why its so popular.
- You can get up to Rs.9,999 cashback when you purchase mobiles from leading brands like Micromax (Promo Code: GET15)
- Get 15% cashback on purchase of Home Audio System from Intex.( promo code: TAKE15.)
- Use promo code GET3500 and get 3,500 off on laptops from leading brands like Lenovo.
Bill Payments
Bill payments are never going to be tedious again! Not if you get such good offers. Get Cashbacks even for mundane chores like paying your electricity bills.
- Use promo code ELEC100 and get Rs.100 cashback on your electricity bill payments.
- First time users can get Rs.100 cashback on landline bill payments using promo code NEWLINE.
Besides this, you have scores of wallet offers for recharges, watches, hotels and much more.
The future of mobile wallets like Paytm looks bright with not just payment options but providing an overall seamless shopping experience for customers.