Paytm has introduced the feature of availing cashback in the form of Paytm Gold. This feature is already live across 16,000 pin codes where customers can take advantage of Paytm Gold and MMTC PAMP’s tie-up to buy, sell or redeem the gold starting as low as 1 gram.


How will it benefit customers?

Krishna Hegde, senior vice president in Paytm said “Now you can save gold for long-term wealth creation irrespective of location or income level. That means, whether you are shopping online, paying utility bills or buying movie/travel tickets, you can earn pure gold kept for free in MMTC-PAMP’s secured lockers”


More gold Benefits on the way

The company is going to introduce features for transferring gold balance to jewellers or provide the digital Paytm Gold over the app. This will bring access, transparency and integrity to gold purchase. The customers can also now redeem gold in the form of products from select jewellers. The customer can buy at the lowest denomination, as said by Mehdi Barkhordar, chairman at MMTC-PAMP India.

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