For instance, XYZ Ltd. is an eCommerce and they decided to launch a referral program which says ‘Refer & Earn.’

They decided to offer every customer a cash prize of INR 100 on every referral link they share with their friends and once their friends register via the referral link the cash amount (INR 100) will be sent out to the customer directly in their e-wallet.

Cash rewards are the most popular amongst the people but before sending out the cash rewards to your customers you need to integrate the e-wallet with Referral Software.

How to Integrate Paytm with InviteReferrals?

Paytm is the largest e-wallet in India. People use it for bank transactions and mobile payments.

For Paytm integration with InviteReferrals you can navigate to Settings>>Integration>>Integrate_Paytm

Step 1: You need to enter the following details to integrate your Paytm wallet with InviteReferrals

  • Merchant ID
  • Merchant Key
  • Sub-wallet GUID

paytm integration

Step 2: Navigate to Campaign>>Edit>>Events/Rewards.

                                      

Step 3: Now select the required option on which you want to reward your customers.

Step 4: Suppose you want your customers to be rewarded at ‘Sale’ [whenever there is a new sale via referral link, customers will be rewarded].

   

Step 5: Now select Paytm money as an option for the distribution of rewards.

            

             

Step 6: You can reward the customers by either choosing the fixed option or the percentage option.

  1. The fixed option enables you to reward the customers (referrers and referees) with a fixed amount.

       

  b. The percentage option allows you to reward the customers on a specific percentage of the order value.

             

Now on every successful conversion (sale via referral link), the dedicated cash amount will be sent out to the customer's Paytm account and will be deducted from yours.

Also, customers will be notified via email/SMS on every successful referral they make.