Press Release: Paytm launches apartment payments - onboards over 2,800 societies in over 100 cities
Enables apartment payments from rent to prepaid metres, maintenance charges, club house charges, garbage collection charges and ad-hoc charges
Drives flexibility of payments with Paytm UPI, Paytm Wallet, Netbanking, credit cards and debit cards
Empowers users to add their societies through ‘Refer Apartment’ feature on Paytm App
One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, has onboarded over 2,800 residential societies across the country to enable payments of apartment charges apart from rent on the Paytm app. With this, users in all major cities including Delhi, Mumbai, Lucknow, Kolkata, Chennai and Bengaluru, can pay for prepaid metres, maintenance charges, club house charges, garbage collection charges and other ad-hoc charges.
Through the apartment payments feature on Paytm app, users can pay with multiple options like Paytm Wallet, Paytm UPI, Netbanking, Credit Card or Debit Card to pay for the various apartment charges. With Paytm app, users also get periodic notifications for recurring apartment payments and can avail offers on successful payments. If users don't find their society listed on the app, they can click on ‘Refer Apartment’ and fill out the details of the residential society.
Paytm Spokesperson said, “We are at the forefront of India’s mobile payments revolution. With the launch of the Apartment payments category, we continue to empower users with hassle-free everyday transactions while also offering them the flexibility of payments with Paytm Wallet, Paytm UPI, Netbanking, Credit Card or Debit Card and more.”
How to pay apartment charges on Paytm:
Open the Paytm app and go to ‘Recharges and Bill Payments’
Under ‘Recharges & Bill Payments’, tap on ‘View More’, scroll down to ‘Pay your Home Bills’
Select ‘Apartments’ and enter the details — name of the city, apartment, utility type and apartment number
Verify the consumer details and enter the amount and click on ‘Proceed’
Select the payment option — Paytm Wallet, Paytm UPI, Netbanking, Credit Card or Debit Card
On successful payment, the order summary is generated
About Paytm:
Paytm is India's payment Super App offering consumers and merchants most comprehensive payment services. Pioneer of the mobile QR payments revolution in India, Paytm’s mission is to bring half a billion Indians into the mainstream economy through technology-led financial services. Paytm enables commerce for small merchants and distributes various financial services offerings to its consumers and merchants in partnership with financial institutions.