Paytm Transit Card launched; pay for online shopping, metro and bus rides with one card
Paytm Transit Card can be used for all payment purposes.
Paytm Payments Bank has launched the Paytm Transit Card to make payments for online shopping and offline store purchases, as well as all metro, bus and rail travel, parking and more.
The process to apply, recharge and track all transactions of the card can be done online on the Paytm App itself. The physical card will be delivered at the doorstep of the user or can be purchased at designated sales points. The prepaid card is directly linked to the Paytm Wallet, where users can just top-up the wallet to use the transit card and do not need to create any separate account.
The Paytm Transit Card rollout is being launched in collaboration with Hyderabad Metro Rail. Users in Hyderabad can now purchase the transit card, which can be displayed at the Automatic Fare Collection (AFC) gates to proceed for the journey. The Paytm Transit Card is already live on the Delhi Airport Express line and Ahmedabad Metro. Paytm Transit Card can be used across metro stations in the country.
Paytm Payments Bank
It's a Rupay card.