With Paytm we no longer have to worry about going to make our payments
June 08, 2021

With Paytm we no longer have to worry about going to make our payments

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paytm

I have been using Paytm for some time now because of the wide range of products and services that I can pay for quickly and easily, I just linked my bank accounts and since then I can pay phone, electricity, water or heating bills without having to expose my bank details as it is a virtual wallet. My bank details are protected, and I can make my payments from anywhere in the world with an internet connection. Their customer service leaves a lot to be desired, we tried to contact them several times and did not always receive a response, so I had to resort to forums and other means to avoid the stagnation of payments. Paytm is perfect for sending and receiving payments in prudent amounts, always following the proper steps and being well informed to avoid going through stressful moments, in general terms it ends up being a very safe and promising tool for exchanging money and online shopping.
  • One of the advantages of Paytm is that there is no extra transaction fee when we make transactions from bank account to digital wallet, and from digital wallet to bank account allowing us to maintain a smooth flow of money between the two without collection pressures.
  • With Paytm it is not necessary to go to the offices of any public service, through the digital payment system you can cancel all bills instantly with just a few steps, providing a time savings that today is very important for everyone and giving us the advantage of keeping our accounts up to date and without restrictions.
  • Paytm gives you the window to purchase any type of item at the click of a button, from small personal purchases to more expensive items, all with easy payments at establishments near your location.
  • One of the not so convenient things on Paytm is that if there is a connection failure while making a payment, your money is not credited directly to your bank account but rather to the Paytm Wallet, and this money can only be used by the Paytm platform.
  • In Paytm, user verification requires a personal visit to their physical offices, this can generate a lot of discomfort among potential users since if we want to use a virtual service it is precisely to encourage time saving.
  • You should be very careful when making purchases through Paytm's direct store, since in many occasions there are products of lower quality than the one offered and even fake products, it is better to use it to make payments to third parties and in considered amounts.
  • Payment by QR code scanning method represents a superbly simple method for all users, who just by scanning the QR code make the payment of their products without much difficulty, achieving a positive effect on the negotiation.
  • For users who use the tool there are promotional codes for each purchase made via Paytm, by winning one of these draws Paytm makes the cash refund 100% in our wallet, allowing to have an added value in each transaction.
  • It has an analysis panel that allows the enrichment of spending information allowing better control of these, in addition to sending constant reports of payments to merchants on their cell phone.
  • The rewards coupons they offer allow to get added value on Paytm even if it does not represent anything certain for revenue.
  • It allows businesses a number of useful services that promote better management of personal and business funds, as well as bringing significant time savings.
  • Having all payments centralized in one place saves time for all users by simply logging in for a moment.

Do you think Paytm delivers good value for the price?

Yes

Are you happy with Paytm's feature set?

Yes

Did Paytm live up to sales and marketing promises?

Yes

Did implementation of Paytm go as expected?

Yes

Would you buy Paytm again?

Yes

Paytm is perfectly suited for individuals and businesses that want to send and receive payments quickly, these establishments by using this technology allow customers to make accurate purchases and pay with the ease of a single touch, while receiving the money immediately. It is perfect for defining income reports that will go directly to accounting in companies, and allows the user to keep track of expenses defined by the amount of their consumption, in addition to automatic payments for utilities and telephony. Paytm is parked as a secure payment method for small businesses that do not require high volumes of transactions, and want to add a new option for their customers when paying for promoted products, today the variety of payments is also very important, with the technological growth alternatives are increasing every day.