You may not have heard of Paytm until now, but that doesn’t mean you won’t start hearing about it more very soon. It's already one of the biggest apps in India with over 230,000,000 users!
To read my full review and learn more about Paytm, visit: https://jessicamoorhouse.com/paytm-canada-review/
Also, use my promo code MOMONEY to get $10. You just need to make an account, use the promo code, link a bill to your account, then once you pay a bill of at least $50, you will receive $10 just like that.
HOW DOES PAYTM WORK?
Basically, it's like a chequing account that’s not owned by a major bank, doesn’t charge you any fees, and helps you earn rewards.
Not to get you confused, Paytm is not a bank. It’s a mobile payment platform. Its sole purpose is for you to load your account with money and spend it through one of the 5,000 Canadian merchants you can link your account to. While you can’t earn interest on your money, like some of the banks’ chequing accounts offer, there are no fees and you earn rewards for every purchase or bill payment.
HOW TO PAY YOUR BILLS WITH PAYTM
One of the most popular uses for Paytm is for bill payments. You can easily set up all your bill payments, and earn rewards for doing it. If you’re wondering what kind of bill payments, almost any type. You can pay your utility bills, property taxes, credit card bills, insurance, internet, tuition…the list goes on and on!
Another great thing about the app is if you want to pay your bills with it, Paytm won’t let you forget. You can easily set up notifications through the app so you’ll be reminded when a bill is about to be due.
HOW TO EARN PAYTM POINTS
There are a number of other ways you can easily earn more Paytm points, and here they are listed below:
-Pay a bill and get 1 Paytm point for every $1 paid
-Link a new biller to your account get 250 points
-Verify your profile and get 1,000 points
-Pay 3 different bills in a month and get 500 points
-Pay 5 different bills in a month and get 1,000 points
HOW TO REDEEM YOUR PAYTM POINTS
First and foremost, Paytm points cannot be converted into cash.Instead, you earn points so you can redeem them for gift cards. And there are some pretty sweet gift cards available to redeem such as:
**Disclaimer: This is a review. I am not in any way being compensated by Paytm to produce this review video. The content is my own opinion and experiences, it is not an ad or an endorsement. Paytm did not review, give feedback or influence this video in any way.