- Rent Payments through credit cards with ₹1,000 cashback
- Instant money transfer to landlord’s bank account
- Dedicated dashboard for tracking all transactions
Paytm has today announced the expansion of its Rent Payments feature. Using this feature the tenants can transfer their monthly rent instantly to the bank account of their landlords through their credit cards. The company has also announced a cashback of up to ₹1,000 on such transactions. Apart from the cashback, users will be able to accumulate credit card points.
For paying to the landlord, the user simply needs to select the “Rent Payment” option from the “Recharge & Pay Bills” section on Paytm Home Screen. Users can transfer money directly from the credit card to the landlord’s bank account. Apart from the Credit card, users can also make rent payments through other payment modes such as UPI, Debit Card, Net Banking. Additionally, Paytm is providing an innovative dashboard that helps to track all rent payments, reminds about payment due dates, and sends instant payment confirmation to landlords.