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Paytm Canada Rolls Out Bill Pay Rewards Program

Grace NotobyGrace Noto
April 12, 2018
in Payments
Reading Time: 1 min read
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Paytm Canada is rolling out a bill pay rewards program that allows users to receive points and cash back for bill payment across multiple payment methods, the company announced yesterday.

The feature, which works across mobile, allows Canadian users to pay bills on their device through debit, credit, cash, or through their bank accounts: all methods that will give that customer points and other rewards.

Its mobile app will allow Canadians to pay about 5,000 billers, with the rewards based off a “consumer-friendly points formula without any annual or transaction fees,” the company stated in a release.

Paytm expanded to Canada last year, after raising a $200 million round of funding including investment from Chinese financial and technology company Alibaba. Paytm, which was founded in 2010, is based in Uttar Pradesh, India.

Its bill payment app is currently available for download for both Apple and Android users at their respective app stores, as well as via the Paytm Canada website.

Read more at Market Insider and PYMNTs.

Tags: Canadian fintechExclusiveMobile PaymentsPaytm
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