Homegrown digital payment and financial services company Paytm, on Tuesday announced to give discounts to the customers who book their first flight ticket.
This offer would be valid for new users and can be used on domestic flight ticket booking only.
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Paytm Users can earn a flat 14% instant discount of up to Rs 1,000 on their first flight ticket on domestic routes. There is no requirement of minimum order value for flight ticket booking, and the offer will be valid for one-time usage per person.
The discount is available on bookings of all major airlines, including Vistara, SpiceJet, Air Asia, GoFirst, IndiGo, and Air India. With ‘no questions asked’ cancellation protection, the digital payment company has claimed that 100% refund will be provided if users cancel their flight booking.
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On Monday, Paytm also publicised that it has bought back 1,25,000 shares for Rs 531.1058 per unit, through an exchange filing.
It is the sixth buyback for the digital payment platform, and this leads to an overall number of shares bought back to 16,15,000.