Digital payments are not just about convenience anymore—they’re about rewards too! Paytm makes it exciting for both new and existing users with its referral program, where cashback benefits are shared between you and your friends. Whether you’re just joining Paytm or already an active user, there’s something in store for you. Let’s break down how the “Enter Referral Code” and “Refer & Win” features work.
Part 1: Enter Referral Code – For New Paytm Users
If you’re signing up on Paytm for the very first time, this is where your cashback journey begins.
How It Works:
- Get a Referral Code – Your friend or someone you know who already uses Paytm will share their referral code with you.
- Enter the Code – During your signup process (or from the referral page on the app), enter this code.
- Make Your First UPI Transaction – Once you’ve entered the code, simply complete your first UPI payment on Paytm.
- Earn Cashback – You’ll get ₹100 cashback credited to your account as part of the welcome reward.
This benefit is exclusively for new users making their first-ever transaction on the Paytm app.
How to Use a Referral Code on Paytm?
Follow these simple steps to apply your referral code and get rewarded:
- Step 1: Open the Paytm app on your mobile device.
- Step 2: In the search bar at the top, type “Referral.”
- Step 3: From the results, tap on “Enter Referral Code.”
- Step 4: Enter the referral code that your friend or someone you know shared with you.
- Step 5: Tap Submit to confirm.
- Step 6: Now, make your first UPI transaction on Paytm.
- Step 7: Once the transaction is successful, you’ll instantly get ₹100 cashback credited to your Paytm account.
Part 2: Refer & Win – For Existing Paytm Users
Already using Paytm? Here’s your chance to share the benefits with your friends and win rewards yourself.
How It Works:
- Initiate the Referral – Go to the Refer & Earn/Refer & Win section in your Paytm app.
- Send Your Code – Share your referral code with friends or family members who are either:
- New to Paytm, or
- Inactive users (haven’t used the app for a long time).
You can send the code easily through WhatsApp, SMS, email, or any social platform.
- Friend Joins & Pays – When your friend enters your referral code and makes their first UPI transaction, both of you benefit.
- You Win Too – You (the referrer) also earn a cashback reward once your friend completes the process successfully.
This means the referral program on Paytm is a win-win—your friend gets ₹100 cashback, and you get rewarded for inviting them.
How to Use Refer & Win on Paytm?
Here’s a step-by-step guide to using the “Refer & Win” feature:
- Step 1: Open the Paytm app and look for “Refer & Win” on the home screen under the Money Transfer section.
- Step 2: Alternatively, type “Refer” in the search bar and select “Refer & Win.”
- Step 3: Tap on “Refer & Win.”
- Step 4: Choose the contact you want to send your referral code to.
- Step 5: Select whether the contact is New to Paytm, Inactive on Paytm, or manually enter the mobile number.
- Step 6: The referral link (with your referral code) will appear. By default, it’s shared through WhatsApp—tap Send to forward it.
- Step 7: The referred user now plays their part:
- They open the link, enter the referral code in their Paytm app, and make their first UPI transaction.
- Step 8: The referred user instantly earns ₹100 cashback.
- Step 9: Once your friend completes the steps, you also get rewarded.
Extra Features on Refer & Win
- Track Your Referrals – From the Refer & Win page, you can track who has clicked on your referral link.
- Send Reminders – If someone hasn’t completed the process, you can resend the referral code to remind them.
- Share via QR Code – Apart from WhatsApp, you can share a QR code containing your referral details. Friends can simply scan it to join.
- Multiple Sharing Options – Although WhatsApp is the default, you can also use other platforms like SMS, email, or social media.
- Everything in One Place – All these features are neatly available on the Refer & Win page inside your Paytm app.
Why Use Paytm’s Referral Program?
- Instant Rewards – Cashback is credited quickly after a successful first UPI transaction.
- Mutual Benefit – Both the referrer and the new user gain rewards.
- Easy Sharing – Referral codes can be shared through multiple channels like WhatsApp, email, or even a simple copy-paste.
- Encourages Digital Payments – Helps your friends experience Paytm’s seamless and secure UPI transactions.
Quick Comparison
| Feature | Enter Referral Code (New User) | Refer & Win (Existing User) |
|---|---|---|
| Who Can Use It? | New users only | Existing Paytm users |
| What You Do? | Enter code + make first UPI | Share code with friends |
| Reward Amount | ₹100 cashback | Cashback on friend’s first UPI |
| Benefit For Friend | Yes (₹100 cashback) | Yes (they earn on joining) |
| Sharing Options | WhatsApp, SMS, email, links | WhatsApp, SMS, email, links |
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FAQs
What is the Paytm referral program?
The Paytm referral program rewards both new and existing users. New users entering a referral code and making their first UPI transaction earn ₹100 cashback, while existing users get rewards for inviting friends via the Refer & Win feature.
How do I enter a referral code on Paytm?
Open the Paytm app → Search “Referral” → Tap Enter Referral Code → Enter the code shared by your friend → Submit → Make your first UPI transaction → Get ₹100 cashback.
Can existing Paytm users use a referral code?
No, the “Enter Referral Code” option is only for new Paytm users making their first transaction. Existing users can only use the Refer & Win feature to invite others.
How does the Refer & Win feature work?
Existing Paytm users can send a referral code to friends who are new or inactive on Paytm. When the referred person enters the code and completes their first UPI transaction, both users earn cashback.
How do I track my Paytm referrals?
You can track who clicked and used your referral link from the Refer & Win page in the Paytm app. You can also resend codes, share via QR, and send reminders to incomplete referrals.
How much cashback can I earn with Paytm’s referral program?
A new user earns ₹100 cashback on their first UPI transaction using a referral code. Existing users earn cashback rewards when their referred friend successfully makes their first UPI payment.
