In the age of digital payments in India Paytm has become the most trusted and used mobile wallet and financial services platform. From mobile recharges to payment of electricity bills, UPI transfers, FASTag recharges, train and movie tickets, and also investment in mutual funds Paytm does it all from one place.
But what many do not know is we have a Paytm Referral Program which sees users get great rewards for bringing in their friends and family to the app. That is the Paytm Referral Code in a nutshell. If you’ve been wondering what it is all about, what we offer with it, and how much you stand to gain, this detailed guide is for you.
What is a Paytm Referral Code?
A Paytm Referral Program in which we are given a unique code which we share with others. Once they download and register on Paytm using that code, we as well as the person which joined via our code, get rewarded.
- Think of it as a win-win: Think of that as a benefit for all parties.
- You the referrer will get cashback, Paytm Points, or vouchers.
- Your associate (the referee) also to get a welcome bonus, discount, or cashback as we see it in Paytm’s current promotions.
- It is a way for Paytm to expand its user base and also to reward faithful users for bringing in friends.
How to get your Paytm referral code.
Finding your referral code on Paytm is easy. All you have to do is:.
- Open up Paytm on your mobile.
- Log in with your phone number which you have registered.
- Go to the “Rewards” which includes “Cashback Offers” or “Refer Earn” (this is usually on the home screen or within your profile).
- We will present you with your personal referral code and a “Share” button.
- Copy the code and also we also have it for you on what’s app, SMS, e mail and social media to share.
- When your buddy signs up on Paytm via this referral code of yours you are eligible for rewards.
How to use a Paytm referral code.
If you are a new member and into the referral program:.
- Download Paytm from the Google Play Store or App Store.
- Open the app and create a new account.
- Enter your mobile number, e-mail, and if prompted — the referral code.
- Complete we out your mobile number via an OTP to finish the registration.
- Upon creation of the account you will receive your joining rewards.
Tip: Always at sign up include the referral code in. Should you miss it you won’t see the benefits.
Benefits of Paytm Referral Code
Paytm’s referral program is a changing entity over time, but we see that usually it includes:.
Cashback Rewards
Both the referrer and the referee may see cash into their Paytm Wallet. In the past Paytm has given out as much as 50 rupees per referral.
Paytm Points
At times instead of direct cashback what we see is Paytm Points which are for you to use in shopping and other services, also for getting discounts.
Discount Vouchers
Paytm which at times comes up with discount coupons for mobile recharges, bill payments, or Paytm Mall purchases.
Increased Transaction Value
Through referral earnings you can use that to pay for everyday transactions such as recharges, ticket bookings, or utility payments.
Why Use the Paytm Referral Program?
There are many reasons to take part in Paytm’s referral program:.
- Free Rewards: You are putting in nothing.
- Multiple Uses: The Paytm ecosystem is what the rewards are good for.
- Easy Sharing: You may pass along your referral code to friends and family as well as to use on social media.
- Unlimited Potential: Some campaigns give out rewards for many successful referrals.
Tips to Maximize Paytm Referral Earnings
If you wish to maximize your benefits from the Paytm referral program here are some tips:.
Share with your friends who have just made the switch to digital we see a large number of people that are in the process of leaving traditional payment methods. We encourage them to give Paytm a try.
Post your referral codes to Facebook, WhatsApp groups, Instagram, and Telegram.
Offer Support we will walk your friends through setting up Paytm and completing their first transaction.
Stay tuned Paytm is constantly updating their referral rewards. Watch the “Refer Earn” section for the latest offers.
Common Questions About Paytm Referral Code
Q1. Is what is the cap on how many people I can refer?
It is based on Paytm’s campaign which at times does not have a set limit but at other times they put a certain number.
Q2. Do I have to go through KYC to get rewards?
Yes. Paytm requires you to do KYC in order to use the full wallet and withdraw cashback rewards.
Q3. May I present myself with a different number?
Sure, from a technical stand point that may work but at the same time it goes against what Paytm has listed in their terms of service. Paytm may put a stop to your rewards or in worst case your account may be blocked.
Q4. How much time do we have to wait for rewards?
Typically we see rewards given out immediately or within 24 hours of your friend’s first trade.
Conclusion
The Paytm Referral Program is a simple way to get rewards at the same time help your friends and family go digital with payments. We may be looking for cashback, discount vouchers, or Paytm Points but the referral feature has what you are looking for in return.
So, I am sure you have not tried out the Paytm Refer and Earn yet, well this is the time to do it. Share your link, invite others, at the same time you will be rewarded for it and also make your payment experience more smooth and smart.
