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Paytm users can now tap phone on PoS devices to make offline payments

This will be possible even if phone is locked or there is no mobile data or internet connection. Service available on both Android and iOS

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A storekeeper uses a Paytm All-In-One POS payment device arranged at a medical store in Mumbai. Paytm is India's digital payments pioneer backed by SoftBank Group. (Photo: Bloomberg)

BS Reporter Bengaluru
Fintech company Paytm said on Tuesday that  it has launched a ‘Tap to Pay’ feature which enables users to make instant payments through their Paytm registered card by just tapping their phone on a PoS machine. This will be possible even if the phone is locked or there is no mobile data or internet connection. Paytm’s Tap to Pay service is available for both Android and iOS users paying through PoS devices.

With the latest Tap to Pay service, Paytm uses its technology to convert the 16-digit primary account number (PAN) of the selected card into a secured transaction code or