Paytm ensures 100% security for users’ identity in Money transfers
New Delhi, 6th January, 2017: Paytm, a leading payment and commerce platform, has said that it maintains absolute safety with customer’s data during money transfers. The company has put in place an array of safety measures to ensure that the Paytm user’s identity is maintained 100% secure.
When a transaction of money transfer using Paytm takes place, the company ensures that the mobile number is only partially revealed to the recipient. Only the first two and the last three digits of your mobile number appear in the recipient’s Paytm Passbook.
This safety feature not only guarantees customers’ full security against any fraud, but also protects them from possible harassment and spam calls.
Paytm has witnessed a massive surge in payment transactions across India in the past one month. To further fuel this growth and lead the citizens towards a cashless society, the company has introduced several new features like App Password that ensures money stored in the Paytm wallet remains safe even if the owner’s phone is lost or misplaced.
The company has also launched Paytm Nearby, a feature that guides customers to their nearest Paytm merchant. Paytm has also launched and a toll-free number 1800 1800 1234 that helps non-smartphone and non-internet users to pay or receive money using Paytm.