Paytm Card, Paytm Credit Card, Paytm Next-Gen Credit Card.
Paytm has announced another financial product for the Indian market – India’s Next Generation Credit Cards. The cards will be co-branded credit cards, and for that, Paytm has partnered with various credit card issuers. Paytm is aiming to issue two million cards in the next 12–18 months.
Paytm Card Features
- Cardholders will have complete control to manage their transactions in real-time.
- It will have instant one-touch services such as changing the security pin number, updating the address, blocking the card in case of loss or fraud prevention, issuance of a duplicate card, and viewing outstanding credit-limit.
- Instant contactless payments on/off feature.
- Insurance protection against fraudulent transactions to protect users’ money.
Paytm Credit Card Rewards & Cashback
- Paytm Credit cards will have a transparent & compelling rewards program with assured cashback on every transaction.
- No expiry of the reward points.
- Reward points can be used on Paytm – Bill Payment, Recharge, Shopping, and many more.
- The cashback will be in the form of Paytm Gift Vouchers.
- It will also have benefits like- lifestyle, complimentary travel, entertainment, food, and many more.
How to Apply for the Paytm Credit Card?
Paytm credit card is an app-centric card so, users have to apply it through the Paytm App. All the details and processes will be available on the mobile app from the application process to the tracking and issuance of a credit card. Cards will be issued based on both traditional credit scores and the user’s Paytm purchase patterns.