How to Make Cashless Payments without Internet – Offline Paytm Transactions.
To make cashless payment transactions without the necessity of any internet connection, there will be two ways to complete any cashless transaction. This offline cashless payment facility will be provided to all the registered Paytm users, just make it sure that you have an active / working Paytm account. Below are the proposed ways to make Offline Paytm Payments without Internet facility.
To make any cashless Paytm payment transaction using Paytm toll free number, the user has to create a 4 digit PIN by logging into the Paytm desktop version OR Paytm mobile app. Once the Paytm user has created the 4 digit TIN, the same will be used to validate the user, at the time of making any telephonic cashless transaction using Paytm. The user just have to dial Paytm’s Toll Free number 1800-1800-1234, the system will ask your 4 digit verification PIN. After the verification of the 4 digit PIN, you will be asked to provide beneficiary phone number and the amount you wish to pay to the beneficiary.
2)- Offline Paytm Payments / Cashless Paytm Transactions using OTP and a Bar Code.
To make and validate offline cashless transactions using Paytm, a one-time password (OTP) and a Bar Code will be generated. For the safety measures, this OTP will get refreshed after every 60 seconds.
The person at the sending or receiving end can choose among an OPT or the Bar Code. Any of the both parties, can enter the OTP or scan the Bar Code for the instant funds transfer.
Important: The Non KYC Paytm customers can only add Rs. 10K in a calendar month to their Wallet. The KYC Paytm customers can add any amount of the money to their wallet, they just have to make it sure that the wallet balance never exceeds Rs. 100K.
Things are settling slowly but surely after the recent demonetization. Things would have been more worst without the presence of the Paytm at that period. It will definitely take some time, when large portion of the population will actually go cashless. These new Offline Paytm Payments feature will help the cause for sure, as the Smart Phones are still out of reach for many individuals. We hope, they all will understand the benefits and join the cashless network very soon.