Paytm Announces 'Tap Card' a New Solution for Doing Offline Payments!1
India Technology

Paytm Announces a New Solution for Doing Offline Payments! Check Out!

Paytm Announces ‘Tap Card’ a New Solution for Doing Offline Payments! Check Out!

 

Paytm, owned by One97 Communications Limited has rolled out a new payment mode feature called a Paytm Tap Card. It is set to be India’s 1st offline payment feature that will work using a card that uses NFC (Near Field Communication) if a user is willing to transfer his money on company authorized PoS terminal. This solution is aimed at the non-internet users and with a vision to offers seamless way of doing payments. NFC is the safest and the most convenient method for doing digital payment in an offline mode.

Want to know how it will work? Well, as it is aimed for non-internet users, users, in order to make payments, will be required to add money from their Paytm account by simply scanning the QR code that will be given on the Tap Card, thus authenticating it.

Paytm is leaving no stone unturned to splatter its market in the entire country and reach users. One such example is Tap Card invention that will help non-internet users to transfer money in the simplest way. Further, the company has partnered with educational institutes, events, and corporate to allow making quick digital payments using this new feature known as “Tap Card”. The customer could easily tap the Card at any merchant terminal to do payments, thus allowing them to use a simpler mode of payment via Paytm even if they are not carrying their mobile phone.

This seems to be an aggressive push from Paytm to allow users to do digital payments seamlessly. This initiative has been taken to target those people who sometimes don’t have access to the internet or exceed their daily internet usage, thus failing to do online digital transactions. Looking forward, this seamless mode of the transaction will help users do offline payments.

Paytm, at this moment, is focused on ensuring wider acceptances and in order to do so, it is reaching out to a maximum number of merchants and helping them enable NFC PoS terminal so that they can easily accept consumer’s payments without Tap Card.

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Ashish Verma
Ashish is the chief editor at Technology and is also the founder of PocketCrunch. He believes if you are not updated, you are outdated. He likes to write about new technology trends and tutorials.
http://www.pocketcrunch.com

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