Paytm is a popular digital payments app and one of India’s biggest mobile-based platform for cashless payments. Users can pay for services at retail outlets, make online purchases and send and receive money through the app. Customers will be able to use BHIM UPI on the app by linking their bank account with the UPI address. Paytm can be used for:
- Sending and receiving money
- Making purchases online
- Paying utility bills
- Recharging mobile phones
- Paying for transport services
How to Add Money to Paytm Wallet
Step 1: Download the app and click on the ‘Add Money’ option in the home screen
Step 2: Key in the amount that needs to be added and click on ‘Add Money’
Step 3: Choose the method of payment and click on ‘Pay Now’
Step 4: A confirmation message will be displayed on the screen
How to Pay Using Paytm Wallet (Scan and Pay)
The Paytm app can be used to pay at retails stores, restaurants, kirana stores, petrol pumps, etc.
Step 1: After downloading the app and adding money, go to the home screen and click on ‘Pay or Send’
Step 2: Proceed to scan the QR code of the merchant in order to make the payment
Step 3: Under the ‘Enter Amount’ tab, key in the value and confirm payment
Step 4: A confirmation message will be displayed on screen
How to Send Money to Bank Account Through Paytm Wallet:
Step 1: Launch the Paytm wallet on your mobile phone and choose the ‘Pay and Send’ icon
Step 2: Proceed to choose the ‘Send to Bank’ option
Step 3: Enter beneficiary name, account number and IFSC code
Step 4: Key in the amount of money that needs to be sent to the bank account
Step 5: There is also an option to enter any remarks, if necessary
Step 6: Proceed to click on the ‘Send’ option to successfully complete the transaction
How to Link your Bank Account with UPI
Step 1: Login to the Paytm app on your mobile phone and go to the homescreen
Step 2: Click on ‘BHIM UPI’ and proceed to click on the UPI address
Step 3: Now, go on to click ‘Add Bank Account’ and choose the name of the bank
Step 4: Paytm will automatically get bank account details
Features and Benefits
- Easy, fast and convenient method of sending money and making payments
- Can be used on a 24/7 basis
- Safe and secure
- Works on all 365 days in a year including bank holidays
Paytm Fees & Charges
|Type of transaction||Type of fee||Charges|
|For sending money to bank||Convenience charges||For non-KYC and KYC customers - 3%|
|For sending money to someone||No fee||No fee|
FAQs of Paytm
How to get bank IFSC code on Paytm?
IFSC code can be obtained by clicking on ‘Get IFSC’ and choosing the concerned bank and branch.
What a customer do if she/he is unable to scan a code while making payments at an outlet?
In such a case, the customer is advised to turn on the flash on the mobile phone.
How will a customer know if a payment or transaction has been successful?
All customers will receive a confirmation message after a transaction is completed on the app and also through text message.
Is it possible to take a look at older transactions on the app?
Yes. This can be done on the app by clicking on the ‘Passbook’ option.
What can a customer do if a wrong amount is accidentally keyed in while making payments to a merchant?
A refund request can be made to the concerned merchant.
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