Paytm Loyalty Points is now Paytm Cash

Sushubh

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[OP]
Oct 29, 2004
415,652
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Gurugram
You cannot transfer them to bank account or other Paytm users. But it seems you can still pay using them which is kind of confusing.

Paytm cashbacks are now Loyalty Points! : india
 
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amish

Star gazer
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Jul 3, 2006
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Mumbai
I havent used Paytm from a while because they hardly have good cashback.

Have switched to Freecharge more or less.
 

mhsabir

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Oct 7, 2006
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Chennai
Phonepe , Freecharge have had cashbacks under separate buckets for a while now. As long as they dont take the supercash route (which some other apps like Niki as well have) - It should be fine.

Though I am confused as to what Paytm expects to do with KYC - Payzapp used my linked HDFC A/c for Kyc and sent me a message to that effect. Freecharge/Ola allows me to type in another ID as proof.
 

dextermorgan

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May 12, 2014
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Hyderabad
^ they just gave notice to PR people to come up with justifying this move and this is what they came up with

If its anything like mobikwik supercash, I'm done.

Seems like people were getting 8k 10k cash back with laptop purchases and then transfering them to bank a/c. Though I'm pretty sure even before cash backs cannot be transferred to bank accounts anywyas
 

mhsabir

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Oct 7, 2006
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Chennai
There might have been charges involved... Now for cashbacks even that will not be possible.
 

Sushubh

Administrator
[OP]
Oct 29, 2004
415,652
12,861
Gurugram
Since you can't move funds to bank account or send to friend... The only option left is digital payments. That's how you get encouraged!