Paytm now lets you earn gold coins on every payment. Details here

Paytm (One 97 Communications Limited) has launched a new "Gold Coins" program, a unique initiative that rewards every payment with gold coins that can be seamlessly converted into digital gold. The company officially informed the NSE and BSE exchanges on September 25, announcing that this program is designed to help users turn their everyday transactions into an opportunity for long-term savings. The initiative comes at the start of the festive season, a time when gold purchases traditionally rise across India.

Paytm gold coin program: All you need to know

1)Every transaction made on Paytm, whether it's scan & pay at a merchant outlet, online purchases, money transfers, mobile recharges, bill payments, or recurring payments, now earns users gold coins worth 1% of the transaction value.

2)These gold coins can be redeemed seamlessly, with 100 gold coins equivalent to ₹1 worth of actual gold.

3)Users can also choose to purchase additional gold after redemption, further enhancing the savings potential.

4)Payments made using UPI, credit cards, debit cards, or net banking are all eligible to earn gold coins under this program.

5)Transactions made using credit cards or RuPay credit cards via UPI will earn double the gold coins, offering even greater value for users who pay through these methods.

6)This initiative not only rewards users for their daily payments but also promotes long-term savings by enabling a simple and effective way to accumulate Paytm digital gold.

Paytm spokesperson said, “Gold has always held a special place in Indian households and businesses. With this launch, we are rewarding every payment with Gold Coins that can be converted into Digital Gold, transforming daily payment transactions into lasting value.."

Paytm is one of India’s leading mobile payments and financial services distribution company.