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What is Paytm?

Asked on 30-04-2018 by akshay Joy

Answered by NewsBytes

Paytm is a digital payments platform. It is owned by One97 Communications. Paytm allows you to transfer money into its integrated wallet via net banking, debit and credit cards, or even by depositing cash through select banks and partners. Using your Paytm wallet money you can buy goods, make recharges, pay bills, book tickets, etc.

In order to scan a QR Code, we need a network connection. How come it is an offline feature?

Asked on 29-04-2018 by Khaliq Mohammed

Answered by NewsBytes

QR codes can be scanned offline also. QR codes are merely a bunch of texts encoded in an image and these codes can be rendered back into the text without sending any information to a particular server.

When is the tap card is launching?

Asked on 29-04-2018 by Mr excellent

Answered by NewsBytes

Paytmhas already launched Tap Card to make digital payments at merchant outlets without using the Internet. Paytm claims that through the Tap Card, payments can be made in 0.5 seconds and is touting it to be India's first "truly offline payments solution."