Paytm gets RBI's approval to launch payments ban
Paytm payments ban

– Launches 3 unique ads on digital platforms for raising awareness on direct bank transfers using mobile number
– Showcases easy of Money Transfers from Paytm app at Zero charge, without the need for Wallet KYC
– Paytm users get best-in-class security, super fast transactions and assured cashbacks

 

New Delhi, November 17, 2020: India’s leading digital financial services platform Paytm has launched 3 new ads on social media, as part of its new #MoneyTransferHuaEasy campaign to raise awareness of how instant money transfer through the Paytm app remains a quick, safe and easy way to directly send and receive money into one’s Bank accounts. The films, targeted at millenials, highlight how by simply choosing the recipient’s Mobile number, users can transfer money directly from their bank a/c at zero charge. Without the need for wallet KYC.

The films, which have been favourably received on social media, feature internet sensations Saloni Gaur, Danish Sait and Paytm’s very own Abhinav Kumar.

 

Prior to this, the company had launched multiple TV ads that had struck a chord with millions of Indians. While the public interest in the entire campaign has remained massive, certain scenes from the earlier ads have become especially popular due to the portrayal of episodes from everyday lives. These included a scene from an Indian wedding ceremony where the groom transfers money to his sister-in-law’s bank account by just using mobile number and in return, gets back his shoes from her, had a take on the popular Indian marriage tradition. Another scene of a young female tenant paying her rent through the Paytm app, to her landlord’s shy son, also got major positive reviews.

With the latest series of films, the company has now released 6 large scale entertaining films as part of its initiative to highlight the ease of making digital payments without the need of completing their Wallet KYC. Apart from the obvious benefits, users are also assured of sturdy security architecture, the best success rate for transactions in the industry and a chance to win assured cashbacks.

Abhinav Kumar, Vice President at Paytm said, “Paytm remains committed to expanding the reach of affordable and easy to use technology, to every citizen. We believe that digital payments solutions are not only a great enabler in addressing daily challenges but also helps improve the quality of lives of our fellow countrymen. Consumers now have the option of instantly making payments directly from their Bank accounts, by simply entering the recipient’s mobile number on the Paytm App. No other steps such as Wallet KYC are required, while transaction charges are also absent. The new marketing campaign reflects that and is geared around taking forward this message to the consumers, making them aware of the digital payments options they have. It also aims to further promote our mission to increase seamless digital transactions across the country.”

 

Film 1: https://youtu.be/oNUwQ7Zirfo
Film 2: https://youtu.be/e2hjxPf0T4E
Film 3: https://youtu.be/6b0jFDTNGs0