Vodafone Idea and Paytm, a digital payments and financial services platform, have launched 'Recharge Saathi' programme which helps individuals and small businesses to earn an additional income.

The programme will enable any Paytm customers (following a registration) to start selling Vodafone and Idea recharges on Paytm app, the company said in a statement.

They can start selling mobile recharges by downloading and registering on the Paytm app. Vodafone Idea will also give an assured cashback to merchant partners for multiple recharges.

Shares of the company declined Rs 0.34, or 7.85%, to settle  at  Rs 3.99.  The total volume of shares traded  was  34,612,260 at  the BSE (Friday).