How to use Paytm’s Automatic and Postcard features?
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After adding the option to send money directly to users’ phone contacts, Paytm is rolling out some more features to the Paytm store and wallet app. The features are available to both iOS and Android users who have received the latest update version 5.10. Users can check the app’s version in the Profile section, which comes right after the Sign Out option.
If the integration with contacts was meant to make payments faster, the latest features called Postcards and Automatic are designed to make payment more fun and recharging more user friendly.
To make sure users never run out of money, Paytm Automatic will give them the option to set any amount they want to keep as minimum balance in the wallet. Users can then set a recharge amount they wish to add to the wallet every time the money in the wallet goes below the minium amount. However, to access this, users will have to save a credit or debit card to the wallet. Paytm claims users’ card details will be secured via a 128-bit encryption. Once the payment card is saved, it will take four hours before Automatic gets activated. Its biggest advantage is that users won’t have to manually enter the amount they want to add to the wallet or punch the OTP every time.
The catch here is that the amount will be added to the wallet only once a day if the balance goes below the minimum amount. In case the wallet exceeds the monthly limit, which is the amount of money Paytm allows users to spend through the wallet every month, the money will be added next month. To access this feature, go to Add money on the homepage, where the automatic option is displayed.
Postcards brings an element of fun to the whole process of sending and receiving money. It allows users to send money with a virtual post card. Users can write anything they want in the post card and choose a colourful theme from the app to give it the look and feel of a greeting card. The caveat here is that the payment made through Postcards will be credited back to the users’ wallet if the recipient doesn’t use the money within 10 days. To access this feature, go to Paytm app’s homepage where the Postcards button will appear on the blue strip next to the Pay button.