Tuesday, 3 April 2018

Paytm App gets refresh, here are new features

Giant Mobile Wallet Paytm is rolling out with loads of features in order to transfer money so to tackle Whatsapp Payments and Google Tez's mobile payments app. 

Paytm has introduced multiple payment methods,
including bank-to-bank transactions under its ‘Money Transfers’ option. The new look of the app went live for Apple iOS users on Sunday and will go live for Google Android users on Monday.

Paytm senior vice-president Deepak Abbot has said " RBI’s new know-your-customer guidelines hurting digital wallet businesses, Paytm is seeking to promote bank-to-bank payments by making it seamless. It has so far separately offered money transfer options between its payment bank and other banks; payments bank account to payments bank account; bank account to bank account under UPI; and digital wallet to bank account"

Paytm COO Kiran Vasireddy told " Money transfer can often be a tedious process and we want to make it easy for people without having to log into their banking apps to send money"

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