Paytm has introduced a ‘Paytm Wallet Card’ on the Rupay platform. This is like the Mobikwik Amex card which lets us use our wallet balance on online sites.
Activating the Paytm Wallet Card
The feature is being rolled out in phases. It will be available for all full KYC users. Once available, the option shows up in the Paytm wallet balance section to activate it.
The activation process is pretty simple and takes 2 clicks.
Features and Benefits
Paytm is issuing the ‘RuPay Contactless NCMC card’ variant.
At the moment, there are no any extra benefits on using the wallet card for payments vs using the wallet.
But, there are some indirect benefits to having this card. We can load Paytm wallet using Amex credit cards and use the Rupay where Amex is not supported. We will also be able to use this in offline stores when once the physical wallet card is issued.
