Friday , July 7 2017

Paytm offers cashless payments for Bharat Gas subscribers

Paytm offers cashless payments for Bharat Gas subscribers

Well, now that smartphones have become a really common article for daily use, we all are well aware of different mobile applications. One of the best mobile applications is Paytm. And we know how it works. You can make money transfers directly from your bank account or Paytm wallet. So basically you won’t have to worry about carrying huge cash with you. This is a really convenient process for money transfer. And for the Paytm users, there is also one more great news. The consumers of Bharat gas will now be able to make payments of their household gas through Paytm.

Paytm offers cashless payments for Bharat Gas subscribers

According to estimation, in the next four months, more than four crore homes throughout the countries will be powered by Bharat Gas. All these families will be offered with the option of making payments through Paytm. After the delivery of the household gas cylinders are made, customers will be able to pay the delivery boy through Paytm using the QR code. This will give them an opportunity to make instant payments, saving time for each delivery.

The advantages of using Paytm

Now there are certain advantages of making payments in this way. With the instant money transfers, time will be saved. So previously a delivery boy, who was able to cover 20 houses in a day, will now have time to cover 25-30 houses in a day. It will be convenient for people because the gases will be delivered to them faster. Secondly, some of the delivery men ask for additional tips incase the payment is made through cash. So if you are making a Paytm delivery, you won’t need to worry about the hassle and arguments with the delivery men.

The objective of Paytm cashless payments

The primary focus of this system is to turn India into a cashless economy. And this is why if the utility bills can be digitalized, it will be a really helpful way to complete the mission. With the Paytm money transfers, there will also be less hassle for small changes. Getting changes is a major issue that people face these days, be it a cab, bus, bills or purchasing any goods. So if you can make instant payments through Paytm, then you can make exact payments without worrying about changes. Also, for the delivery boys, it was previously difficult to handle such a lot of cash daily. It will become really easy for them now.

This partnership is going to strengthen the stronghold of Paytm in online to online sectors of the country. Previously the Bharat gas owners had the option of paying online. In-fact a lot of people could make online payments previously, but convenient mobile transactions were not available. With Paytm instant money transactions, this has now become really easy. And considering the position of Paytm, this is a great opportunity to perform better than the brick and mortar merchants and other O2O companies where cashless payments are still not present.

A tabular overview of Paytm instant money transfer for Bharat gas subscribers

SL NO Facts to know Brief details
1. Total Bharat gas dealers 400 dealerships allowing Paytm
2. Target expansion 1000 dealerships in next few months allowing Paytm
3. Target for India Generating a cashless economic condition

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