New Delhi: India’s one of the leading Digital Payments app Paytm which is coming up with innovative features to its users now and then. Now it has launched yet another feature with the name of Paytm Tap Cards.

NFC-based Paytm Tap Cards which can be used to make payments at any merchant outlet, without using the Internet. Users of Paytm having Tap cards can use the app in areas where weak Internet connection prevails. It is now official that Paytm has introduced.

Paytm has introduced the concept of offline payments in collaboration with Yeldi.com, which is digital payment company, focusing on NFC or Near Field Communication. This is not the first time when Paytm has introduced an offline payment concept: In 2015, they introduced QR code based offline payments.

Paytm new Tap Cards makes users to do payments without Internet:

The Paytm COO Kiran Vasireddy said, ” We are aggressively pushing digital payments to users from every walk of life”

Know Here How Paytm Offline Payment works:-

This is how the payment mechanism shall work:

Step 1: Paytm user with no Internet visits a merchant to buy some products. He has balance in Paytm, but no Internet connection.
Step 2: The user simply scans the QR code on his Paytm Tap Card, and loads the card with his own Paytm money.
Step 3: The Paytm Tap Card is scanned at Add Value Machines (AVM) at the merchant, which uses NFC mechanism to extract payment.
Hence, without using the Internet at any point, the payment is transferred.

Note:- that if Paytm Tap Card is already loaded with Paytm money, then Step 2 can be skipped. In fact, you don’t even need your phone, if your Paytm Tap card is loaded with cash.

As per Paytm, it will take just 0.5 seconds to make any payment, using this NFC-based Paytm Tap Card.

A process to get Activate of Paytm Tap Cards:-

There are basically two external factors involved in this whole process:

A Paytm-issued NFC PoS Terminals, which merchants will need to install at their outlets. This can use NFC to scan the card and scoop out payments.

Paytm Tap Card, which is being made by Yeldi for Paytm. As per information available on their site, this card costs Rs 100 and can be ordered from them. Very soon, it is expected, that Paytm will start issuing such cards. It is not clear, though, that the card would be paid or free.