Paytm Payments Bank has launched the ‘7 People in 7 Days for UPI Mission’ to boost UPI payments in India.
This initiative offers Paytm users a chance to win big, with rewards including Rs 700 cashback, a MacBook Air, and a Sony PlayStation 5.
Earn Cashback and Prizes
Customers can earn Rs 700 cashback by referring seven new users through the Paytm app.
Additionally, successful referrals also enter users into a contest to win exciting prizes like the MacBook Air and Sony PlayStation 5.
Secure and Fast UPI Transactions
Paytm’s UPI provides lightning-fast transactions and boasts one of the lowest technical decline rates in the country. It ensures security with its three-layer bank-grade security system.
Supporting Financial Inclusion
A spokesperson for Paytm Payments Bank expressed excitement for the ‘7 People in 7 Days for UPI Mission,’ aligning with Prime Minister Narendra Modi’s vision for the nation.
The mission aims to make UPI the preferred payment method across India, supporting financial inclusion.
Paytm Leads UPI Transactions
As the top UPI beneficiary bank, Paytm Bank recorded a whopping 2,505.70 million transactions in August 2023.
It has also conducted 455.52 million transactions as one of the top remitting banks in the country.
Paytm Payments Bank leads the market in UPI Person to Merchant (P2M) transactions, accounting for about 40% of all such transactions.
Pioneering UPI Innovations
Paytm Payments Bank has been at the forefront of UPI innovations. It was the first payments bank to introduce UPI Lite and enable UPI transactions through RuPay credit cards, ensuring users enjoy seamless and rapid payments.”**