Digital payment firm Paytm has made a big announcement before bringing its IPO. The company has announced to give cashback on transactions done by merchants and customers through its app. For this, the company has reserved a fund of Rs 50 crore. On the completion of 6 years of Digital India, the company has made preparations to promote online transactions.
For this, the company has planned to start online activities at the grassroots level in more than 200 districts. So that businessmen can be trained in making digital payments and rewarded for adopting cashless payments. The company will conduct special operations in Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, and Telangana.
Know what the CEO of Paytm said?
Paytm CEO Vijay Shekhar Sharma said that India has made significant progress in its Digital India mission. This makes everyone technically strong. Paytm’s guaranteed cashback is to be given to those who are the top businessmen of the country and they have played an important role in making Digital India a success.
Digital India Campaigns was launched on July 1, 2015
Shekhar further said that in addition to cashback, free-of-cost soundboxes and IoT devices will also be provided to the merchants doing the highest number of transactions through the Paytm app before Diwali. Let us inform you that Digital India was launched by the Prime Minister of the country, Narendra Modi on July 1, 2015. Its purpose is to make India digitally strong.