After the recent currency ban, Paytm Wallet is gaining popularity as most of the payments can be done with the app easily within a few clicks. Paytm is a semi-closed wallet where individuals can make payments from the funds in Paytm.
Paytm wallet supports languages other than English. Paytm can be used in 10 regional languages like Hindi, Tamil, Gujarati, Marathi, Bengali, Telugu, Kannada, Malayalam, Punjabi and Oriya.
With government promoting cashless payments, Paytm has a lot to offer. Many individuals who are new to digital payments may find it difficult.
Here is an easy guide on what all transactions which can be done using Paytm app.
How To Get Paytm Wallet/App?
To make payments through Paytm, individuals have to first download the app and follow the below steps.
Step 1: Download the Paytm app and Sign up
Step 2: Register and enter required details
Step 3: Verify account
Step 4: Add money to Paytm Wallet
Step 5: Pay using Paytm Wallet
Paytm customers can add money through debit card, credit card or net banking.
How To Buy Gold Using Paytm Wallet?
Paytm customers can buy gold from Paytm app within a few clicks. Individuals can buy gold and store it in your online account and can convert to coins anytime after 24 hours and get it delivered.
Paytm customers can now buy 24K 999.9 purity gold on Paytm from MMTC-PAMP. The only LBMA accredited Good Delivery Gold refinery in India.
To buy gold
Select weight of Gold, enter a Pin code, enter your name and click on proceed to make payment.
How To Pay Insurance Premium?
Individuals can pay premium amount using Paytm wallet. Make sure to pay at least two days before as your service provider will take two working days to reflect the amount paid in your account.
Premium payment can be made using various online methods like net Banking, debit card, credit Card & Paytm Wallet.
Individuals can also pay gold loan interest online. One has to select the lender from the dropdown list
Select Payment Type from options like full payment, interest payment or partial payment, enter the pledge number and make payment.
How To Recharge Metro Card Online?
Individuals can recharge their Metro card online using Paytm app. Login to Paytm, enter the unique number provided at the back of your card and recharge your metro card online in minutes.
Once recharge is done, show your metro card on AVM at Metro station and press add value button, the balance would be instantly added to the Metro card. Individuals can also avail cashback by entering the valid promo code.
How To Pay School & College Fee Online At Paytm?
To make payment, one has to check whether the required school is registered under Paytm to make payment. If the school or college has tie up, it will show the school name in the dropdown.
Follow these simple steps and make immediate fees payment online:
Step 1: Login at Paytm
Step 2: Go to Education Service
Step 3: Select Institute and Location
Step 4: Fill in the enrollment number
Step 5: Click to make payments.
How To Recharge DTH and Other Bills?
Individuals can pay for their DTH and other bills easily.
Step 1: Select the operator from the dropdown.
Step 2: Enter your customer ID
Step 3: Enter the amount you wish to recharge.
Step 4: Click Proceed to recharge.
You will also be able to choose from different data plans from your operator along with the monthly subscription. Individuals can use Paytm to pay utility bills such as electricity, water, and gas.
Paytm can be used to make payments for booking tickets fro amusement park, hotels, movie tickets, bus tickets. Individuals can also make payments at merchant PoS by scanning the QR code.
Paytm customers can also transfer their Paytm funds to their bank accounts for free till December 31, 2016. Earlier, the charge for transferring funds to bank account was at 1 per cent.
Make sure you make the best use of Paytm as it offers much more than utility bill payments.