Hello Guys, if you want to earn through the Paytm refer and earn program, then you are at the right place because here we will share complete information about Paytm refer and earn and also share how you can earn 100 rs on each referral.
India is leading the world in cashless payments, rising at a faster rate than the rest of the world. The change has attracted a slew of tech firms vying for market share, many of which are funded by large foreign investors.
With the continuous increase in both frequency and user base, wallets will continue to play a key role in its development, according to the study. Wallet penetration is projected to increase by 2025, with lower-income individuals driving numerous small-ticket transactions.
Today’s payment gateway market is extremely competitive, and all of the major players are vying for market share. Paytm is the most popular and has seen the most rapid growth, followed by BillDesk, which has a number of high-profile government clients.
Paytm has started the PayTM refer and earn program which allows you to provide a full range of Paytm payment solutions while also earning rewards for each successful referral.
Let’s go through Paytm refer and earn in detail.
PayTM Refer and Earn Offer
A cashback of up to Rs 100 can be earned by referring a friend to Paytm. Invite friends to Paytm UPI to participate.
You will get up to Rs. 100 for your friend’s first Paytm UPI transaction. You must send your invite link to your mates. You can earn more money with Paytm if more people join via your link.
Furthermore, you will not receive referral benefits immediately if you refer your friend. Your friends must complete their first Paytm UPI transaction on the Paytm app within 7 Days in order for you to earn referral credits.
How to Refer and Earn in PayTM?
Consumers value the views of “ordinary people” rather than conventional advertisements, so referral marketing works. People are four times more likely to purchase a product or service if a friend recommends it.
Paytm Refer and Earn is a service that allows you to earn a discount on a future purchase for every friend you refer to Purchasing Power. Your referred friends will also save because they will get a discount on their first order.
Following are the steps for Paytm refer and earn:
Get up to Rs. 100 on your friend’s first transaction.
- First Install the Paytm App from the Link or google play store.
- After clicking the link, you will directly land on the Paytm install page.
- Then, click on the Install Button.
- After installing, Open the Paytm app.
- Now, Create your new account(If you are an existing Paytm user then start following the next step).
- Then, add your bank account in the UPI section.
- After this, scroll the Paytm main page till the last.
- In the end, you get options, now click on the Refer and Earn offer option.
- Paytm Refer and Earn Offer will be displayed on the next screen.
- Now, Share your invite link via WhatsApp, Facebook, SMS, and other social media platforms. Request that your friend uses your invite link for joining the Paytm app and link their bank account in the UPI section.
Now, when your friend connects to Paytm using your referral link and link his bank account with Paytm, and makes your first payment using UPI then you get Rs 100 cashback in your bank account.
If you want to earn through refer and earn, then check out this post: Best Refer and Earn Apps
Paytm Referral Code
|Refer and Earn App||PayTM|
|Paytm App Link||Download Paytm|
|Paytm Sign up Bonus||25Rs|
|Paytm Referral Bonus||100Rs|
Some of the terms and conditions to avail this offer are:
- A user will get Rs 100 cashback on successfully referring a friend to Paytm UPI.
- This referral offer is applicable for selected users only.
- A user can refer their friends to sign up and make their 1st ever payment on Paytm, from a bank account via Paytm UPI.
- To refer a friend, a user needs to share their referral link with them.
- There is no minimum or maximum amount requirement for 1st ever payment to be eligible for the referral offer.
- Referral links can be directly sharing it on any medium like WhatsApp, Facebook, and SMS.
- There is no limit on the number of people a user can share their referral link with.
- A referral would be deemed successful for a user when their friend clicks on their referral links and makes their 1st ever payment from a Bank account on Paytm within 7 days of clicking on the link and before May 31, 2021, whichever comes first.
- A referral won’t be successful if the referred friend does the payment from Airtel payment Bank, fino payments bank, Indusland Bank, DBS Bank, and more.
- A user can get cashback for a maximum of 5 successful referrals. so a total of rs.500 can be earned in referral cashback by a user(on successfully referring 5 friends).
- A user will not get cashback on referring a person who has been successfully referred by another user already.
- In case of multiple users referring a person, the user whose link is clicked the last before the referred person completes the eligible transaction will get the referral cashback.
- If more than one referred Paytm account is logged in from the same phone or device, it will count as one successful referral only and no referral benefits would be provided beyond the first referred account, provided that all eligibility conditions are met.
Paytm Fastag offer
Paytm offers a Fastag service for the existing Paytm users. in this service, they provide Fastag for vehicles at cheap rates and encourage the Paytm users to share Fastag refer links for getting more Fastag subscriptions. if someone joins Fastag through your link then you get decent cashback.
Fastag is a service that provides toll payments without physical cash because It deducts fees from the prepaid account through radio frequency identification (RFID).
Let’s know how to avail of this offer and get cashback.
Refer to a friend to buy Paytm Fastag and Earn PayTM cashback
Earn 25 rs cashback for every friend who purchases Fastag on Paytm through the link. this offer is applicable for all users of Paytm, everyone can refer and earn money using this offer.
Steps to Earn Cashback through Paytm Fastag offer
- Go To the Paytm App.
- Scroll the page to the end, then click on the Paytm Refer and Earn option.
- On the next screen, Scroll to the end and notice more referral offers section(In this section look at the Fastag banner).
- In the more referral offer, click to Invite button.
- Then copy your link and direct share it on social media platforms.
- After a successful referral, you get 25 Rs cashback in your Paytm wallet.
|Paytm Fastag Refer and Earn||Cashback|
|Paytm Referral Cashback||25 Rs Each referral|
|Referral Link||Fastag Refer link|
Paytm Refer and earn offer is valid until 30 May 2021 because after this Paytm may stop or make changes to the offer. Paytm Refer and earn offer run for a long time and most of the users take benefits to share his link with friends. this is the legitimate way to earn money.
Read more about Refer and Earn Apps