One biggest disadvantage of online wallet is that you need to be connected to the internet, but now, no more. Paytm merchants can accept payment without connecting to internet. Paytm has launched a toll free number 180018001234, this step is taken to help the customers who doesnt have internet connection or smartphone.
In order to use this service the merchant needs to register with paytm and they will be provided with a 4 digit paytm pin. They can transact sending the customers mobile no (who should be a registered paytm user) the amount then the merchants pin to the above toll free no. This will transfer the money from the customers wallet to the merchants wallet.
Earlier, United Payment Interface(UPI), an initiative by the governement of India also came out with a model in which the merchant's can transact even if they dont have the smartphone and internet connection.
dealsdirectory.in feels these initiatives will help the country to reach the target of going digital and cashless very fast.