Paytm Payments Bank has announced ‘7 People in 7 Days for UPI Mission’ in support of Prime Minister Narendra Modi’s call to the nation to bring new users to the mobile payments. As per the company, this would further drive adoption of UPI payments.
Under ‘7 People in 7 Days for UPI Mission’, Paytm Bank is offering Rs 700 as cashback on referring seven new users through the Paytm app. Additionally, on one successful referral, users can also get a chance to win rewards including MacBook Air, Sony PlayStation 5 and Robo Vacuum Cleaners.
“We are happy to launch the ‘7 People in 7 Days for UPI Mission’ to support the call to the nation by Prime Minister Narendra Modi. Through our innovations, we have taken UPI to every nook and corner of the country, making it the most preferred mode of payment. This mission is aligned with our mission to drive financial inclusion in the country,” Paytm Payments Bank spokesperson said.
As the UPI beneficiary bank, Paytm Bank has registered 2,505.70 million transactions in August 2023.