Paytm launches offline payments solution Tap Card

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Paytm has launched an offline payment solution, Tap Card, a card that uses NFC to transfer money on company-authorised Point of Sale (PoS) terminals.

According to the company, the Tap Card enables safe and convenient digital payments via NFC technology, completely offline at Paytm-issued PoS terminals in under a second.

To make payments, users can add money from their Paytm account by scanning the QR code on the Tap Card and by authenticating it at any of the add value machines (AVM). It also addresses any network-related concerns at the consumers’ or merchants’ end.



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