Going by the need of the hour to have a digital presence, HDFC launched a digital payment platform for its customers called Payzapp. It was launched in 2015, stating to be one stop solution for all digital payments offering value for money deals. Payzapp was launched to mark an entry into an already tapped field by various competitors to pay their bills, shop online and manage their bank accounts.
In this post, you will find latest Payzapp offers on mobile, dth, data card recharges & bill payments. If you are first time user, then checkout referral codes given below which gives free 25 rs wallet bonus on signup.
Latest PayZapp Promo Code & Offers 2017
|RECH20||20 cashback on 200 Rs|
|BILL50||50 cashback on 500 Rs+ bills|
|RECH10||10% CB upto Rs 100 on prepaid/postpaid/dth recharges above 200 Rs|
|mypayzapp||Referral code to get Rs 25 cashback on first transaction|
|MOVIE / MOV100||50% Cashback (max 100 Rs) at BookMyShow|
|GET10||10% (max Rs 100) cashback on recharges/bill payments|
|Know More||Refer & Earn Unlimited Money|
Not a usual Wallet
Like Mobikwik, Paytm and other bank payments portals, Payzapp is not a similar kind of wallet. In fact, there is no term like a Pre-Paid wallet for Payzapp. The payment system would be integrated meaning each time customer ends up paying money, he/she has to not enter in their personal details/card details every time. In fact, the app will show your card balance and even credit balance if you hold one and the money would be directly deducted from the account. As the app is monitored by HDFC bank itself, the security will remain intact in this case. There are thousands of online merchants present over it through which customers can shop easily.
The urge for Payzapp
HDFC bank CEO Aditya Puri came up with this mobile wallet idea because of the banking arena becoming obsolete and usage of more of digital payments. He got the inspiration to develop an app after meeting some tech experts at Silicon Valley thus coming up with far more convenient digital payment solution allowing multiple transactions. Also, HDFC bank had around 6000 crores of business/transactions via smart phones in 2015, which led them to jump into the digital market. Payzapp promo codes might be the reason behind this success because more and more people are looking for the offers nowadays.
Designing more secure system
With forgoing the need to enter the card details each time, HDFC had to ensure the security of each of its customers. As the amount will be directly debited from debit or credit card of the customers, they followed a two-factor authentication of the customers. Another security added was of mapping of the devices along with matching the customer’s registered mobile number with the card number details. This led to an easy authentication process thus protecting account details from any kind of hacking or fraud.
The Payzapp is user-friendly and has a very responsive interface wherein customers can not only pay their bills or do recharge but also can do grocery shopping, buy movie tickets, book travel destinations, etc. Guess what? You also get amazing discounts on every purchase with cool payzapp offers & coupons listed above. Apart from the fun things, they can even avoid standing in the long queue at HDFC bank branches for application of loan or taking insurance, which can be easily done via Payzapp app. The app does allow scanning of the QR Codes at certain locations to pay for their purchases. Every time they make a purchase, customers would be awarded Loyalty points, which they can redeem anytime.
Payzapp is much promising in the pool of Digital payments solutions apps, as it is much more convenient and easy to use. Eventually, this can lead up to the registration of more bank accounts for HDFC from Rival banks or big MNCs.