Paytm is a platform for digital payments which is owned by one97 communications. It lets you transfer money into the integrated wallet through online banking, debit cards, and credit cards. You can also make payments using the money stored in your wallet as an alternative of using a credit card, debit card or net banking, which means your card/checking account doesn’t must be accessed.
During demonetisation of the Rs. 500 and Rs. 1,000 notes, Paytm and other mobile wallets have enjoyed tremendous growth. Paytm claims to have over 150 million users, making it the largest online payments platform in the country. Regardless of this, there are many more in India who’re but to use Paytm and its digital wallet.
Paytm Wallet serves as a digital platform for making payments for various items and services out there on the Paytm app. One can transfer cash from the checking account or bank card to use it additional for transactions on goods and companies.
Among the transactions, you can also make on Paytm are recharges for mobile phones, metro cards, DTH cable, data cards, and many others, in addition to postpaid funds for cell phones, landline/ broadband, electricity, water and fuel bills, and many others.
How to use Paytm wallet the first time
Earlier than you add cash to your Paytm Wallet it’s essential to set up an account on it by using your cell number and email ID.
Make Paytm Account
Step 1: Download in your device and open your Paytm app.
Step 2: Tap on Create A New Account.
Step 3: On the brand new page enter the mobile number that you just wish to use for Paytm, email address and a password.
Step 4: After entering all particulars tap on Create a New Account.
Step 5: An OTP can be sent to your registered cell number, enter the OTP and click on Submit.
Step 6: On the next page, enter your First Name, Last Title and DOB.
Step 7: After entering all the details, click on Create Account.
How To to Add money in Paytm Wallet?
Step 1: Open Paytm App
Step 2: On the app home screen, faucet on the ‘Add Money’ option
Step 3: Enter the amount that you just want to transfer to the Paytm Wallet
Step 4: Tap on the ‘Add Money’ button to proceed with the transaction
Step 5: Choose the payment option (Debit card/ Bankcard/ Web banking) by means of which you want to transfer money to the Paytm Wallet
Step 6: Enter your bank or card details such as Card number, expiry date, and CVV to with the transaction
Step 7: Tap on the ‘Pay Now’ button to finish the transaction
How To Use Paytm to Transfer money to your bank account?
Paytm Wallet to Bank account transfer is easy and you could ship money to the bank at no additional charges as effectively. In case you are a Paytm person you then undoubtedly could know that you can use Paytm for online invoice funds. After the demonetization.
Step1:-Download Paytm For Business App.
Step1:-Sign Up using Title, Email ID, Paytm Number, PAN Card Number.
Step2:-Add Bank A/C on which you want to receive Payments.
Step3:-Open QR Code and tell customers to scan it and pay via Paytm Wallet or Financial institution.
Step4:-Done! You have obtained funds. You’ll obtain the stability in your linked financial institution after next day morning.
How to Pay Money Using Paytm Wallet
You can pay any Paytm number or scan any Paytm account QR code