Paytm launches OTP-less offline & online card payments

Paytm launches OTP-less offline & online card payments:

Indian digital payments giant Paytm, on October 31, announced the launch of a new feature that allows users to make card payments without any one time password (OTP). The feature can be enabled for Visa and Mastercard payment cards.

Through this company, plans increase its transaction volume.

A large number of users spends less than Rs. 2,000 for their everyday frequent payments. The convenience of OTP-less single click payments will result in increased conversions in a more secure and convenient way. To avail the service, Paytm customers can enable their saved card or add a new card for instant payments at offline retail stores or while using any of their Paytm services and also at the partnered platforms such as Uber, Zomato among many others.

The company has also announced its payment integration with Flipkart owned Myntra where millions of Paytm users can now pay through any of their preferred payment mode (cards, wallet & UPI).