Kumari Palany & Co

Paytm App gets new features

Posted on: 12/Jan/2017 12:12:34 PM
Paytm has introduced new features for its customers. According to Paytm, the update makes the app three times faster even on low-end smartphones and slow networks.
 
Self-declared merchants can now accept up to Rs 50,000 directly in their bank accounts
 
The amount is settled at midnight every day and the settlement charges remain 0 percent. The bank settlement charges will stay at 0 percent when amount would be settled to merchants’ Paytm Payments Bank account. In other banks, Paytm might start levying some charges in the months to come.
 
Adding money faster through a single-screen
 
This will allow quicker load times and a faster user experience.
 
Fingerprints can be set as Paytm password
 
Like many other apps, Paytm has introduced fingerprint passwords. It’s quick, easy and the company claims its 100 percent secure.
 
Pay by scanning the recipient’s Paytm QR Codes from their phone’s image gallery
 
You can scan the recipients QR codes that they may have received via e-mail or WhatsApp. To be able to do this, users have to tap on the upper-right corner of the screen and tap on ‘Scan Paytm QR from Gallery’.
 
Queries can be addressed on the Paytm Community Forums
 
Paytm users can now access the ‘Paytm Community Forums’ option in their Paytm app and get their queries addressed by the 10 million active users on the platform.