The conversation between human and AI assistant.
How does Paytm earn money after giving cashbacks?
That makes sense. But do you think Paytm loses money by offering cashbacks?
It's unlikely that Paytm is losing money on cashback offers. While they may take a short-term hit to their profits, the goal is to retain customers and encourage continued use of the app. Additionally, Paytm likely has data and algorithms in place to ensure that they are offering cashback amounts that they can afford to give.