How to Redeem Paytm First Points? Redeem Paytm First Point and Steps for How to use Paytm First Points?

by Mohammed Sharafath S | Updated Feb 05, 2021 13:25 IST

social social social social How to Redeem Paytm First Points? Redeem Paytm First Point and Steps for How to use Paytm First Points?

How to Redeem Paytm First Points and answer for How Can I use Paytm First point are given in this article? Paytm has launched a new "Paytm Merchant First Points" rewards scheme where all merchant partners are eligible to receive unlimited reward points through the Paytm All-In-One QR code to accept payments from the Paytm wallet and all UPI-based payment apps. Many users are searching on How to Redeem Paytm First Points? The points that the users earn in these rewards schemes can be redeemed for real cash. To know how to redeem Paytm First points read this article given below.
 

How to Redeem Paytm First Points

Paytm has launched a new "Paytm Merchant First Points" rewards system, where all merchant partners are entitled to receive unlimited reward points from the Paytm wallet and all UPI-based payment apps via the Paytm All-In-One QR code to accept payments. How do many users look for How to Redeem First Points on Paytm? In these rewards programs, the points the users receive can be exchanged for real cash. For Paytm Cash, Mobile Recharge or to purchase exciting items from the Paytm for Business app, such as sound-box, EDC, etc., the collected points can be redeemed for these items.

How to Use Paytm First Points?

How can a merchant join the Paytm Merchant First Points program? All merchants accepting payments are automatically enrolled in the program via Wallet and UPI. The points that can be won through the program do not have a limit. Merchants will use the Paytm for Business app to display and redeem the points received.

How to Earn Paytm First Points?

How does a merchant earn Paytm Merchant First Points? A retailer automatically collects points for approved payments. Accept more payments and gain more points, that's the fastest way to earn and use the Paytm First Points. For every 100 INR accepted through Paytm Wallet, a merchant earns 6 points and gets 1 point for every 100 INR accepted through UPI.

How Can a Merchant Redeem the Paytm Merchant First Points?

Many merchants who do not know how to redeem the Paytm Merchant First Points are searching questions like Paytm first points how to redeem?, redeem Paytm first points steps? Quite simple. A merchant will be able to redeem points on the redemption section on the Paytm for Business App. One can redeem the collected points for Paytm Cash, Mobile Recharge or for purchasing exciting merchandise. The redemption section will soon be available on the business app.

Is there a limit to the number of Merchant First Points a merchant can earn?

No. There is no limit to the number for Merchant First Points a merchant can earn as much as he can.

Do Paytm Merchant First Points expire?

The Paytm merchant first points earned are valid for a period of one year. The merchant can redeem the points in the app at any time between the one-year duration.

Some of the Important Features of Paytm

Paytm is one of the most used online wallets in our country, It is also used to recharge Mobiles. Later on, the Paytm platform began to sell goods. At the time of demonetization, its digital wallet had been actively promoted for the transfer of funds. Digital wallets have some drawbacks, however. The BHIM app has proven a better alternative to the transfer of funds. Hence, the BHIM UPI payment system has also been implemented by Paytm. And now the bank has come up with it. Some of the important and useful features available in Paytm Wallet are given below,

  • Payment Bank
  • Easy Account Opening
  • No Minimum Balance
  • Free Online Transaction
  • No Penalty For Breaking FD
  • Free SMS Alert
  • Rupay Debit Card, International Payment Not Possible
  • No Cheque, No DD
  • Charge For Paytm Wallet To Bank Transfer
  • Rare Branches
Disclaimer: The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

How to Redeem Paytm First Points - FAQs

1. How to use Paytm First Points?  

All merchants accepting payments are automatically enrolled in the program via Wallet and UPI. The points that can be won through the program do not have a limit. Merchants will use the Paytm for Business app to display and redeem the points received.

2. How to earn Paytm First Points?  

A retailer automatically collects points for approved payments. Accept more payments and gain more points, that's the fastest way to earn and use the Paytm First Points. For every 100 INR accepted through Paytm Wallet, a merchant earns 6 points and gets 1 point for every 100 INR accepted through UPI.

3. How can a merchant join the Paytm Merchant First Points program?

All merchants accepting payments are automatically enrolled in the program via Wallet and UPI. The points that can be won through the program do not have a limit. Merchants will use the Paytm for Business app to display and redeem the points received.

4. How does a merchant earn Paytm Merchant First Points?

A retailer automatically collects points for approved payments. Accept more payments and gain more points, that's the fastest way to earn and use the Paytm First Points. For every 100 INR accepted through Paytm Wallet, a merchant earns 6 points and gets 1 point for every 100 INR accepted through UPI.

5. How can to redeem the Paytm Merchant First Points?  

A merchant will be able to redeem points on the redemption section on the Paytm for Business App. One can redeem the collected points for Paytm Cash, Mobile Recharge or for purchasing exciting merchandise. The redemption section will soon be available on the business app.

6. Is there a limit to the number of Merchant First Points a merchant can earn?  

No. There is no limit to the number for Merchant First Points a merchant can earn as much as he can.


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