Paytm is one of the Indian e-commerce payment system and a financial technology company whose headquarters is located in Noida, Uttar Pradesh. Paytm was founded by Vijay Shekhar Sharma. The company was initiated in August 2010, with an initial investment of $2 million. Initially, it started as a prepaid mobile and DTH recharge platform and later it added postpaid mobile recharge, data card, landline bill payments during the year 2013.
During January 2014, the Paytm successfully launched the Paytm Wallet and got a boost as even the Indian Railways and Uber added it as a payment option to promote e-commerce payments in India.
Later, the firm launched its e-commerce with online deals and bus ticketing broadening its area of service to its customers.
The company spearheaded its performance and registered a user base of 104 million in August 2015, as against its earlier record of 11.8 million during August 2014. Slowly it unveiled more use-cases and included metro recharges, water, electricity, gas bill payments, education fees, movie tickets booking, events and amusement parks ticketing, flight tickets booking and so on.
In 2016, it launched gift cards and rail bookings.
Today even small merchants can be seen using the Paytm Wallet at their stores or kirana shops in India.
Another big feature of the Paytm was the recent ability to pay for toll charges, through the Paytm FASTag. You need to login and recharge your FASTag through Paytm.
By using Paytm Wallet App, users can easily pay for services at stores, send and receive money using the app, opt for online purchases and the list goes on.
All that the customers have to do is to use the BHIM UPI on the app by linking their respective bank account with UPI address.
Paytm Wallet App can be used to
Step 1: First download the Paytm App in your respective mobile phone
Step 2: Now click on the ‘Add Money’ option on the home screen.
Step 3: Enter the amount which needs to be added and click on ‘Add Money’
Step 4: Now choose the method of payment and click on the ‘Pay Now’ option
Step 5: A confirmation message will get displayed on the screen.
Paytm app has revolutionized the payment mechanism across the retail stores, hotels, petrol pumps, restaurants, cafes, theatres and so on.
Step 1: First download the app and add money
Step 2: Proceed further and go to the home screen and click on ‘Pay or Send’ option
Step 3: Now scan the QR code of the merchant to make the payment.
Step 4: Under the ‘Enter Amount’ tab, enter the value and confirm payment
Step 5: After this, a confirmation message will get displayed on screen showing the results of successful payment
Step 1: First launch the Paytm wallet on your mobile phone and choose the ‘Pay and Send’ icon.
Step 2: Now proceed further and choose the ‘Send to Bank’ option.
Step 3: Enter the beneficiary name, IFSC code and account number
Step 4: Enter the amount of money that needs to be sent to the bank account.
Step 5: If you are willing to enter any remarks, then you can do so as there is an option for doing the same.
Step 6: Proceed further and click on the ‘Send’ option to complete the transaction.
Though Paytm's monthly transaction cap is only Rs.20,000. However, upgrading your account is really convenient if you have a monthly deposit of up to Rs.1,00,000. You will achieve all of this while taking a few easy steps. You will be able to make greater transfers online by doing so.
In case you want to upgrade your wallet go through the below-given steps to set your monthly transaction limit up to Rs 1 Lac.
Transferring money from Paytm wallet to bank account is chargeable at 5%. Whether you use a credit card, debit card or bank account to add money to your wallet, Paytm charges the bank that holds your account without charging you anything. Scroll down to know the process to transfer your money from Paytm wallet to bank account.
Steps to transfer money from Paytm Wallet to bank account
Below listed are the steps to transfer your funds to your bank account from Paytm wallet:
Your Paytm Wallet will shortly be migrated to the newly formed Paytm Payments Bank according to RBI guidelines. One97 Communications Limited has released them until now. Everything will happen automatically so there's no need for Paytm users to do something extra. Customers can continue to use all of the Paytm Wallet's offerings and benefits. Log in info, balance wallet and user interface should remain the same. Your experience with Paytm Wallet will stay the same with all existing use cases such as paying in shops, paying for Uber trips, ticketing, fuel, etc. Not just this, Paytm Payments Bank can offer additional benefits including a bank account, cheque-book and debit card early. You'll still gain interest from the money available in your bank account. Paytm Payments Bank Limited (PPBL) is 51% owned by Vijay Shekhar Sharma and One97 Communications Ltd holds 49 percent. Paytm Payments Bank is a truly Indian enterprise owned & run by Indians.
With Paytm.com your smartphone recharge is just a handful of taps away. With a growing customer base of over 100 million consumers across the country, Paytm is your one-stop smartphone online recharge portal. Interact endlessly with your loved ones without relying on the nearest store. The online recharge facility allows you the option to recharge your smartphone from wherever you want.
Smartphones have been a crucial aspect of our lives and so is smartphone recharge. With the rapid technological advancement, the internet helps people to undertake different activities that were historically impossible. One such instance is smartphone recharge online, and the most unique experience with Paytm. No matter what your network provider is, recharge your mobile easily and instantly from anywhere you want.
Paytm is our country's finest recharge app, offering Airtel, Vodafone, Idea, BSNL, MTNL, Jio and Tata Docomo online recharging facilities. Paytm offers tremendous convenience for easy smartphone recharging for all users. All you need to do is enter your mobile number and it will instantly display your operator and your circle. By applying promo codes, browse through all recharge plans, make recharge and get cashback into your Paytm wallet. If you are using Airtel, Jio, Vodafone, Idea, Docomo, BSNL, or some other provider, just recharge it on Paytm now to get great deals on your smartphone recharge instantly.
Paytm provides you fastest online services and stunning customer service assistance to enjoy the seamless experience while recharging your mobile phone. Enjoy the ease and comfort of doing a mobile recharge from your comfort and stay connected with your loved ones. Paytm not only offers you a convenient way to recharge your phone but also enables quick and safe transactions.
Paytm offers and cashback on mobile recharge:
Paytm offers numerous regular and occasional promo codes and cashback to all Paytm users through Paytm recharge options. LUCKY200 can be used to receive up to 100 percent cashback on your mobile recharge. You will get back the cashback on your Paytm wallet and the cashback amount can be used for online shopping, mobile or DTH recharges, and more.
While doing mobile recharge through Paytm, you can tons of promo codes, coupon codes & cashback offers for every prepaid mobile recharge. Make your mobile recharge faster than ever and get exciting cashback on your Paytm wallet, amazing deals and more.
Recharge Plans & Mobile Recharge Offers on Paytm
Get all recharge plans and offers at the Paytm Mobile app for which you don't need to search for applicable recharge plans for your prepaid number. Paytm Mobile App gives complete details of all the new plans and options available for you to chose which better fits your requirements for balance & data. Explore all the data plans, Full talk time, 3G/4G/2G data, roaming plans, top-up recharge, special recharge & many more.
For every mobile recharge get amazing deals on all network providers via Paytm. With Paytm Mobile App you can complete your recharge within a minute in a secure and convenient way. You don't need to go out for mobile recharge. with Paytm you can make your recharge done from your comfort. No matter where you are just complete your recharge and get the transaction details instantly at your registered mobile number.
On Paytm, you can find the latest offers and deals for all major operators, such as Jio, Airtel, BSNL, Vodafone, Idea, and many more. Paytm app delivers tons of offers and discounts for your mobile recharge on a daily basis. You will get amazing cashback on every recharge that you make on Paytm.
Paytm offers you the easiest way to do a mobile recharge from your comfort. Paytm offers you the easiest way to do a mobile recharge without needing to leave your own spot of comfort. Paytm allows you to recharge your prepaid mobile in easy measures, all you need to do is simply enter the appropriate details in three sections i.e.
Airtel, widely known as the Bharti Airtel, is among India’s largest telecom network. It provides a range of services and recharge benefits. The country's leading telecommunication firm provides the fastest internet connectivity and seamless network coverage. With its affordable recharge plans and offers, you can never miss a call. Recharge your Airtel Prepaid number today through Paytm and gift the best to yourself.
People are having a busy lifestyle & erratic working hours in this ever-growing country. In this scenario, it’s too hard to visit a shop to recharge Airtel Prepaid numbers. People are having a busy lifestyle & erratic working hours in this ever-growing country. They rarely get time to visit shops and recharge their numbers on the Airtel. For anyone searching for fast and satisfying services including the hectic life, Paytm has established the fastest Airtel online recharge services to make the experience of mobile recharging as quick as a wind.
Paytm presents an in-depth list of all the new Airtel Recharge Plans from the packed Airtel recharge list so that you can select according to your needs. If you're searching for unlimited calling, unlimited data, roaming or any other Airtel prepaid recharge plans, all you have to do is visit Paytm. Apart from the fastest recharge process, you can also enjoy exciting deals and cashback on multiple Airtel mobile recharge plans like:
Bharat Sanchar Nigam Limited is an Indian state-owned telecom firm, widely referred to as BSNL. It is India’s leading digital telephony & wireless broadband issuer and has an immense user base in India thanks to its affordable prepaid plans, data plans, roaming plans and more. No need to head to the nearest retailer shop for your BSNL mobile recharge, with the growing innovations of digital India Paytm has overcome these difficulties. In just a few minutes, you can easily recharge your BSNL number online at Paytm.com. The recharge process is easy and convenient which enables the BSNL subscribers to save their time and effort.
BSNL provides several unique forms of prepaid plans and has designed these plans taking into consideration of all categories of prepaid subscribers. If you're hunting for the perfect online platform, a mobile recharge plan or roaming, BSNL has wrapped you up. From the list of several affordable plans, pick the best one that perfectly suits your style and needs. The telecom company has an extensive telecommunications network and services scattered across all the corners of India.
Recharge your BSNL prepaid number at Paytm and earn cashback with the BSNL prepaid offers & discounts. Paytm provides a range of deals and promo codes which you need while initiating recharge process. For future transactions on Paytm, you can conveniently use the Cashback balance you get in your Paytm wallets. You can earn amazing cashback on data plans, full talktime plans, roaming plans, rate cutters and even more.
Current offer: Get Rs.30 cashback on BSNL mobile recharge by using the promo code FIRST
Reliance Jio Infocomm Ltd., India 's flagship provider of telecom services, has stunned the competition with its free voice calls, free SMS and more at the beginning. The tons of benefits provided by Jio has taken the telecom services to the next level across the telecom sector of India. But now the free services have rolled out and Jio has made it compulsory for its users to recharge their Jio numbers in order to enjoy the benefits. Therefore, if you want to recharge your Jio smartphone it is the best option to rely on Paytm's instant and convenient Jio recharge services. Forget to visit the nearest local retailer every time to recharge your Jio number, the simplest and conventional platform of Paytm is waiting for you to complete your Jio recharge process anytime anywhere without leaving your comfort. Just login to your Paytm account, select the Jio recharge plan and make the payment that’s it. What makes Paytm the best platform for making Jio recharge is the tons of deals and offers you get on every recharge.
Offers on Jio recharge
New user offer: Earn a cashback of Rs 30 by using the promo code FIRST on Jio mobile recharge via Paytm app.
Not only you will experience a secure and fast recharge process at Paytm but also you can cherish the cashback offers, this makes Paytm the ideal choice for everyone for making a Jio recharge,
MTNL-Mahanagar Telephone Nigam Limited is a well-known telecom firm serving a large number of citizens with mobile phone services. The mobile market is rising increasingly and so are the service providers for online recharges. Paytm offers you the easiest and most reliable online MTNL prepaid recharge services through Paytm.com or the Paytm app. Since MTNL is one of the best - known operators, it has a large user base located in different parts of our country that loves to have a robust and efficient platform for recharge. Paytm is one of the best platforms for online prepaid recharge for your MTNL number through Paytm.com and the Paytm mobile app.
If you want to recharge with MTNL internet plans Mumbai, MTNL internet plans Delhi or any other MTNL prepaid plans you can search plans, get recharge deals and recharge seamlessly with the most convenient MTNL prepaid plan. Paytm gives you the freedom to select from a plethora of online MTNL prepaid recharge plans including Full Talk Time Plans, Top Up Plans, National Roaming Plans, International Roaming Plans, Special Recharge Plans, etc. You can opt for various MTNL plans on 2G Data Plans, 3G Data Plans, 4G Data Plans and other MTNL Prepaid Plans for both Delhi and MTNL Prepaid Plans Mumbai for MTNL data recharge.
Get amazing cashback and offers for every MTNL Online Prepaid Recharge. The cashback benefits come with all MTNL new plans. At Paytm you can also save your card details to reuse it for your next MTNL recharge. As a result, Paytm is the leading online recharge platform in India it also delivers the facility to make online MTNL postpaid bill payment from your comfort. With Paytm you can also reap cashback offers for MTNL postpaid bill payment, just select your plan and make the payment that’s it.
Open your Paytm app or visit the official website of Paytm and explore all the offers for online MTNL recharge. Just select your MTNL recharge plan and get best MTNL prepaid offers on Paytm. Whether it's a 4G plan or a simple validity recharge you can explore all the online prepaid recharge options for MTNL on Paytm. Paytm removes all unwanted hassles and enhance your online recharging experience for your MTNL prepaid mobile. You can make use of the accumulated cashback money for many other purchases, online shopping and much more at Paytm. With amazing offers, convenient transactions and outstanding user-friendly experience Paytm is your ideal partner for rendering MTNL online recharge. No need to visit your nearest MTNL dealer or shop to make prepaid recharge for your MTNL number, seamless recharging experience and amazing cashback offers are waiting for you at Paytm.
The internet has made our life easier with the latest development of technology and Paytm has rendered things simpler. Witness the hassle-free method of online payment of postpaid bills to your network operators. Forget about the frustration of running for a mobile bill payment to the nearest store. Paytm delivers an immediate online service for recharging for postpaid bills. Paytm.com and Paytm app seek to cover the payment of mobile bills, that will run easily with a simple recharge option on all the smartphone. Paytm seems to have the fastest mobile bill payment app enabling you to pay the postpaid bill from anywhere you want, if you're using any postpaid network provider or some other postpaid service. Sign in to Paytm.com and make your recharge successful instantly.
Earn a huge array of cashback & coupon deals for any bill you make through Paytm. Get your recharge done and save more with Paytm, as your recharge is covered with amazing deals and discounts. Paytm offers the fastest bill payment service for which you can make your recharge done within your comfort and no need to search for a store for hours. Apart from this, you are also covered with the advantage of selecting between different 3G and 4G plans, SMS Packs, and more. The Paytm mobile recharge is a 24*7 service. Paytm is the most secure way to recharge your mobile from your comfort no matter where you are.
Paytm provides a time-saving and easy form of online payment of postpaid bills. Pay from anywhere through your smartphone, tablet, or laptop, and avoid to go a bill payment center for any type of bill payment. Use your debit card, credit card, Paytm wallet, UPI and Paytm Postpaid to make your postpaid payment (UPI and Paytm Postpaid are accessible on the Paytm mobile app only). Allow your fingers to pay for your bills instantly, Paytm allows you to make an online postpaid bill payment to save your time no matter where you are.
One of India's largest telecommunications providers, Bharti Airtel Limited provides impressive 2G, 3G, and 4G connectivity services and mobile commerce. With such a large user base, Airtel provides excellent flexibility and various choices for recharging. Paytm, India's biggest mobile bill payment app, lets you make hassle-free online payments for your Airtel Bill. Witness the convenience of online payment of Airtel postpaid bill anytime, anywhere at Paytm.
Airtel offers many impressive postpaid Airtel plans and postpaid bill payment offers. Airtel online bill payment service through Paytm makes it possible for you to make your postpaid Airtel bills paid. Apart from this, you will also get amazing promo codes and cashback offers for Airtel Bill payment at Paytm. Paying your Airtel Postpaid Bill within the due date enables you to enjoy uninterrupted calls and messages over the phone. Paying bills for your Airtel postpaid online payment will never be easier and faster than this.
With Airtel postpaid plans get perks for your latest Airtel postpaid connection from Airtel 's amazing plans. From internet access to uninterrupted calls to unlimited entertainment options such as Zee5, Airtel TV Premium, Netflix, Amazon Prime and more. With online payment partner, you don't have to worry about your Airtel Postpaid bill payment. What are you waiting for then?
Experience hassle-free and secure bill payment service by Paytm for your Airtel postpaid connection. Don't worry about missing the last due date to pay your Airtel postpaid bill. The Airtel postpaid bill payment service is available for you 24*7 at Paytm, which enables you to pay your bills online anytime anywhere without any interruption. Paytm introduces a time-saving and simple way to pay online Airtel bills. Pay from anywhere through your smartphone, tablet or laptop and eliminate the hassle of heading to a bill payment hub.
You can use your debit card, credit card, Paytm wallet and UPI (only available on the Paytm mobile app) to make your Airtel postpaid payment. Get amazing cashback by applying promo codes on your online Airtel payment transaction. For a new or first-time bill payment user use the promo code NEWBILL and Rs 25 cashback on your Airtel postpaid bill payment.
Process to make Airtel Postpaid Bill Payment Online
Bharat Sanchar Nigam Limited is a complete government organization, is the major competitor in the Indian telecom industry. Including its outstanding network coverage and broadband network, BSNL currently is in one of India's largest rising entity with its huge Indian user base. If you are a BSNL postpaid user no need to head to the nearest retailer to pay your mobile bill, for this Paytm is your ideal partner. You can now render BSNL online bill payment on the easy-to-use platform with a cashless process at Paytm.
With it’s the simple user interface to clear the dues of your postpaid bills, Paytm allows you to reimburse of BSNL Postpaid bills anytime anywhere. Just open your Paytm mobile app and make the payment on your go. BSNL postpaid is among the most reliable and most commonly used postpaid services in the nation. Grab a BSNL postpaid service now and enjoy unrestricted calls, email, roaming and more. Select the most convenient BSNL postpaid plan and minimize the worries related to your bill payments at Paytm. The seamless bill payment facility at Paytm is accessible 24x7.
Make payment for your BSNL postpaid account easily and instantly. You don't need to take time out of your stressful life, pay your bill efficiently through the online platform of Paytm which lets you save your effort and time. You can render your BSNL online bill payment using your debit card , credit card, Paytm wallet and UPI (accessible only on the Paytm mobile app). While making You can render your BSNL online bill payment using your debit card , credit card, Paytm wallet and UPI (available only on the Paytm mobile app). While making BSNL online payment apply promo codes and get amazing cashback. Use NEWBILL and get Rs 25 cashback for your BSNL bill payment.
Idea has recognized as a dominant player in India's dynamic telecom industry with its customer-centric attitude and excellent network. The growing subscriber base last year has rendered Idea one of India’s largest mobile services providers. No need to step out of your comfort to pay your mobile dues digitally, Paytm the leading and easiest way of bill payment is here to give you seamless online payment experience on the go. Insane working patterns and a massive quantity of household tasks provide no time to relax or chill for an individual nowadays. Among all this postpaid bill payment is also a small task to initiate. To make it simpler for you, Paytm provide you a hassle-free way to render Idea's online bill payment just with few taps. Paytm helps you to handle your Idea online bill payment quite efficiently on deadline as well as from anywhere.
Have the best through your Idea postpaid connection with Idea Nirvana postpaid plan and experience amazing perks. Pick the right plan and get boundless calls, internet access, SMS, roaming and much more. Nirvana plans further deliver you with numerous added features such as data transfer, international calls, Idea select membership, Amazon Prime, Idea Movies & TV etc. Select the most appropriate Idea postpaid package for you and reap amazing deals/offers. Make the Idea bill payment on Paytm.com or Paytm mobile app anytime and from anywhere without leaving your comfort. Paytm allows you to make flawless and instant Idea postpaid bill payment for your Idea postpaid account.
No need to find offline shops to pay bills, utilizing Paytm you can smartly pay your bills through the online medium and save your effort as well as time. You can use your debit card , credit card, Paytm wallet and UPI to make your Idea postpaid bill payment. Apart from these, you can also earn amazing cashback for every successful recharge by applying promo codes on your Idea Bill payment. Apply promo code NEWBILL to earn a cashback of Rs 25 on your Idea online postpaid bill payment.
Jio is the Indian telecom industry and has been an immediate success with consumers because of its outstanding network coverage throughout different circles. Owned by the respectable Reliance group, it generated a buzz in multiple markets and succeeded in breaking records in a short period of time as well. Jio 's package of perks has rendered it one of the nation's most loved telecom service provider in India. The deepening amount of postpaid customers can be attributed primarily to its excellent network coverage and customer support.
Furthermore, if you are essential to make a mobile bill payment, you can always rely on Paytm 's prompt and trouble-free Jio postpaid bill payment services. Yeah, now ignore those common ways of paying bills, where you have to go to the hub and pay the Jio bill in cash. Only sign in to Paytm.com or use the Paytm App and make a Jio postpaid bill payment in a matter of seconds.
Jio bill payment is just a few clicks away, with the online bill payment service at Paytm.com. Paytm provides many cashback and deals every time you initiate Jio Postpaid Mobile Bill payment. You can also use various valid promo codes when you make payment with Paytm, and enjoy massive cashback deals & coupons.
Vodafone which is one of the largest mobile customer base telecommunication service providers in India is the most trusted and valued telecom firm among the postpaid users. The rapid growth in the postpaid user base of Vodafone can be primarily credited to its strong network coverage and outstanding customer support. Paytm provides Vodafone 's quick bill payment service online at your hand. Pay your Vodafone Postpaid Bill anytime anywhere without leaving your comfort on Paytm.com or Paytm mobile app. If you are stuck If your hectic schedule doesn't enable you go to the nearby store to pay the Vodafone bill, don't panic! Just sign in to the Paytm website or open the Paytm App and pay the bill of your Vodafone postpaid connection. Your payment is secured at Paytm’s portal as if offers its users with zero transaction errors.
Enjoy the seamless internet And roaming facility, uninterrupted calls, and much more benefits with Vodafone Red Entertainment plans. Apart from the standard unlimited calls, roaming, SMS, data services you are also enabled to experience entertainment at your home from a range of options such as Vodafone Play, Amazon Prime, ZEE5. Enjoy world class-privileges such as ISD minutes, free Netflix subscription, iPhone Forever subscription plans for Red International, Red International+, and Red International L. Select the Vodafone postpaid plan that best suits to your needs and reap all the benefits.
These days MTNL Dolphin, the cellular connectivity offered by the state-owned telecom provider, MTNL is in cloud nine. The unrivalled increase in the number of postpaid customers has rendered it one of India's largest telecom operators. MTNL Dolphin has developed itself as a trustworthy and consistent operator of telecom solutions with seamless network coverage and fastest internet. Revoke the inconveniences of hurrying to the nearest hub to make mobile bill payment for MTNL Dolphin now. Paytm gives you the fastest & finest online mobile bill payment service at your comfort with no any hidden charges.
You can pay the MTNL Dolphin bill within the due date just in a matter of seconds. No need to take stress for making the payment complete, cherish the number of payment methods which are completely secure and simple. MTNL Dolphin online bill payment through Paytm is secure and faster than the conventional way of entering the service provider site to pay for your monthly bill. You can render MTNL Dolphin postpaid bill payment with Paytm at your own leisure & comfort, be it at night, on weekends or even on a vacation.
Electricity has been one of our life's fundamental needs from home to large-scale firms. It is also important to pay electricity bill on time to receive uninterrupted power supply, since it is so necessary in our lives. Now you don't have to stand in long lines outside the EB bill payment site all you need to do is use Paytm online payment services to pay your electricity bills on time. With Paytm’s online payment services you can pay your electricity bills anytime anywhere and even on the go which makes this online payment service more beneficial to the bill payers.
Now do not need to worry about missing the deadline to settle your electricity bills, you can do it from your comfort by using your mobile or laptop. Paytm provides a simple platform for trouble-free payment of electricity bills on time which enables you to avoid extra payment of late charges. Paytm allows you convenient payment options and various deals for electricity bill payments. You can use a debit card , credit card, Paytm wallet and UPI to pay your electricity bill online at Paytm (UPI is only accessible with the Paytm app). For payments which are backed by tremendous confidentiality, you can choose your own preferred method at Paytm.
You can also make bill payment for
Paytm wallet allows all of its customers to allow payments just one click away. Paytm wallet is subjected to KYC-based restrictions which decide the benefits you can earn while using the Paytm wallet. If you have a minimum KYC or a full KYC wallet, such benefits crafted for you to make your payments more delightful. These different types of KYC are also based on the validity of the wallet, the amount cap and the number of transactions allowed from the wallet. Paytm Payments Bank's wallet service is provided by RBI.
Customers have to finish at least a minimum of KYC for authorizing and using the wallet services, according to the RBI. Paytm Payments Bank's wallet services are regulated by the RBI Prepaid Instruments Guidelines. These standards mean that the minimum KYC must be completed for using Wallet services. A minimum KYC of Paytm has 24 months of the validity period for using the wallet and for availing all the wallet benefits provided by the Paytm.
Minimum KYC: This wallet enables you to fully gain Paytm Wallet benefits and enables you to spend online or for all merchants who accept Paytm based transactions or payments. The minimum KYC has a validity cap of 24 months.
Full KYC: Full KYC must be done for the use of Paytm wallet over 24 months and for maximum advantages of the wallet. This also allows you to transfer money from the Paytm wallet to other users.
You must complete Minimum KYC to activate your wallet as per the RBI guidelines. To complete Minimum KYC you must provide your documents which include your Name and Unique identification number such as Passport, Voter ID, Driving License or NREGA Job Card. Minimum KYC gives you simple access to reap the benefits of the Paytm wallet. With Paytm Minimum KYC you will get:
Note: Minimum KYC is only valid for 24 months according to RBI guidelines. You need to complete the Full KYC to get maximum wallet benefits and to maintain usage beyond 24 months.
In case you have not completed Paytm minimum KYC, follow the below-given steps to complete.
Note: Minimum KYC is mandatory to use Paytm Wallet. Without Minimum KYC, you can still use Paytm to transfer money via UPI and make a purchase utilizing your credit/debit cards and net-banking.
Unless you complete Full KYC with in-person authentication, your Minimum KYC will expire within 24 months as per RBI guidelines. You would not be allowed to add further money to your wallet or transfer the unused amount to your bank account after expiry. But, you can start using your current wallet balance to render purchases at 12 Million+ retailer outlets as well as online payments on Paytm-accepting apps/websites. Apart from this, you can use Paytm to transfer funds via UPI and to make a purchase through credit/debit cards and net-banking.
After you complete your in-person verification you can become a full KYC user. By being a verified consumer with complete KYC, you'll get the following advantages:
To become a Full KYC user, the in-person verification must be completed in any of the following methods:
Aadhaar based KYC at your Nearby KYC Point: By visiting the link http://m.p-y.tm/kyc on your mobile you can find Nearby KYC points. Or else you can also find the same by tapping the Nearby icon on the blue strip at the top of the Paytm App Home page. To complete the verification you must keep your Aadhaar and PAN handy.
Paytm are also getting into credit card lending. Paytm officially launched its first Paytm credit card in partnership with Visa & Citi bank, in India. It looks more like a co-branded credit card than we see with airlines and other brands.
Before getting into Paytm credit card details, you may need to know a few details listed below.
Paytm's parent company One97 Communications started as a Citi commercial bank client in 2009. Citi was also selected as an adviser on the initial investment by Ant Financial in 2016. The Paytm wallet was integrated into the Citibank online and mobile application in 2016. Visa recently partnered with Paytm to issue debit cards for its account holders.
Currently, they only issue Rupay cards, which is not so easy to use in many places. Paytm First is the loyalty program that Paytm launched in March 2019 and offers many advantages.
So now Paytm has partnered with Citibank to issue the first Paytm card which is the mass credit card. This deal is probably the only way for Citi to exponentially increase the credit card user base, which could help them sell their premium cards later. To ensure that Paytm meets the requirements of the target group, this card has been launched as a beginner's card with low annual fees.
The credit card which you will receive that is the pre-activated state. Once you receive it, you can immediately start using it for any type of online transaction.
For any type of offline transaction, you will need to configure the credit card PIN code. To set the PIN code, here are the steps to follow:
1. How to do KYC in Paytm?
To do your KYC in Paytm, you must log into your account on the Paytm application and follow these steps:
Step1 : Go to the "My profile settings" section in the Paytm application.
Step2 : Press ‘Fill in your KYC’
Step3 : Select your state and district
Step4 : You will see a list of KYC centres according to the details you have filled out. Go to the nearest KYC centre to complete your KYC. You will need to carry the required documents such as the Aadhar card, voter ID card, PAN card, etc.
2. How do I get free Paytm cashback?
You can get free Paytm cashback by applying promotional codes at the time of making your transactions. Tap "Cashback" in the upper right corner of your Paytm app to find promotional codes and daily deals. You can get extra cashback chances by purchasing a gift voucher on Paytm.
3. How to use Paytm?
You can use Paytm for many different things such as online recharging, shopping, payment of fees, invoices and much more. You will need at least one of your bank account on your Paytm account and then you can take advantage of one of the fastest online transactions and payment service.
4. What is Paytm?
Paytm stands for Pay through mobile and it is the largest payment and mobile commerce platform in India. It allows the user to transfer money instantly to anyone at no cost using the Paytm wallet. You can make cashless transactions in many places like taxis and cars, GAS pumps, grocery stores, restaurants, cafes, multiplexes and many more. You can also use Paytm to pay online top-ups, pay utility bills, book movie or travel tickets, among other things on the Paytm app or the website.
5. How to add a beneficiary in Paytm?
1. Go to "My payment settings" on the Paytm application.
2. Press on "Manage beneficiaries"
3. Press "Add a new beneficiary"
4. Enter the account details or the beneficiary's wallet number.
5. Click on "Add a beneficiary"
6. Enter OTP received on your mobile number
7. The beneficiary is successfully added
6. How to reset the Paytm password?
1. Press "My security settings" on your Paytm application
2. Select "Change password"
3. Enter your current password
4. Enter a new password and retype your new password in the box below and click on the "Save" option
5. Your password has been changed
7. How to pay the electricity bill via Paytm?
1. Access the electricity bill payment page on the Paytm website or app
2. Select your state
3. Select your Electricity board
4. Enter your consumer number
5. Pay your bill by using a debit card, credit card, net banking or Paytm wallet.
8. How to contact Paytm customer care?
You can get in touch with the customer service executive by calling one of the following Paytm customer service numbers:
1. Regarding wallet, Bank and payments - 0120-4456-456
2. Tickets for films and events - 0120-4728-728
3. Paytm Mall purchase orders - 0120-4606060
4. Paytm and Forex travel tickets - 0120-4880-880
9. How to pay via Paytm?
1. Press "Pay" on the Paytm application
2. Scan the QR code or enter the beneficiary mobile number you wish to pay.
3. Enter the amount.
4. Pay using your Paytm wallet or add money to your Paytm wallet from your bank account if the wallet does not have sufficient funds. Also, you can pay from Bank account which you have linked to the Paytm app
5. The money will be transferred to the beneficiary, instantly.
10. What are the ways to check whether the Paytm payment is successful or not?
There are three ways to verify this:
1. You can search for an SMS received from Paytm informing you of the deduction of the account balance.
2. Check post-payment confirmation screen on the app.
3. You can also check the payments made in the booklet section of the application or web interface.
11. If I sent money to someone who does not have a Paytm account, how will they receive the amount?
If the beneficiary does not have a Paytm account, he will receive an SMS with a link to create an account. However, if the account is not created within 3 days of sending the money, the amount will be refunded to your Paytm wallet.
12. What are the fees for sending money through the Paytm wallet?
Sending money via Paytm wallet is completely free and the total amount entered is transferred to the beneficiary without any deduction.
13. What is meant by push app notification payment procedure and where can it be used in Paytm app?
A. You can use the Paytm wallet balance to pay in stores. After sharing your mobile number with the merchant, you will receive a push notification indicating the merchant details and the amount requested. You can simply press the push notification, then click on "Pay" to process the payment.
14. What are the benefits of Paytm savings account?
Ans: Paytm Payments Bank offers all the services it does as a wallet and additional features such as:
15. How to open a saving account with Paytm Payments Bank?
Ans: To open a bank account with Paytm, please follow these simple steps.
16. Can I open more than one Savings Account in Paytm?
Ans: No, you can't open multiple saving accounts. only one account can be opened per each customer.
17. How to use Paytm and Paytm Wallet?
Ans: Paytm serves as a virtual wallet where you can store money online, it is the most reliable platform for making payments or sending money to friends, paying for purchases through different brands and services. If you still don't know how to use Paytm or Paytm Wallet, don't worry. It's a simple and fast method, you just need to:
Log in or register on Paytm.com Add money to Paytm Wallet using a debit/credit / ATM card or Net Banking Pay with Paytm Wallet
The money added to your wallet can be used to make a mobile payment, recharge a data card or pay bills for DTH, electricity, water, gas or to book train, bus tickets and plane, online or offline shopping or payment from local vendors, taxis, gas pumps, restaurants and much more. From megastores to local stores, you can pay everywhere via Paytm Wallet.
18. How to use Paytm for offline payments?
Ans: With the Paytm wallet in your mobile, you can make payments in any store or store where this is acceptable. If a retailer accepts Paytm as a payment method, you can either use QR codes or make a transfer using their cell phone number in no time. Paytm is a safe and secure destination for all your payment worries, go cashless and add money to your wallet on the go. Paytm offers many exciting Cashbacks and coupons that give you great discounts.
Also, if you are still facing other issues regarding the details of the Paytm booklet, wallet upgrade, FAQs on mobile top-ups, bill payment, purchases, movies, bus booking or train, cars and bikes, flights, hotels, amusement parks and other events, education, deals and offers, gift cards, digital gold and any other query, you can contact to their customer care at any moment.
19. How do I check my account details in Paytm app?
Ans: To check your account's details, follow these simple steps.
20. How do I add my PAN card to my Paytm account?
Ans: You can add your PAN number to your account (if you haven't already) in four simple steps:
21. What is a passcode in Paytm app?
Ans: The Paytm access code is a 4-digit numeric code that acts as an additional security check to authorize access to the details and transactions of your bank account. This is to provide a higher level of security for your bank account details and transaction history.
22. What is the Paytm First card?
Ans: Paytm First Card is an exclusive credit card for Paytm customers. Paytm customers can obtain this card by requesting it on the Paytm application. Paytm offers the first Paytm card in partnership with Citibank.
23. How to get the Paytm First card?
Ans: The Paytm First credit card application was opened only for customers selected due to the high number of requests. This functionality is available on the latest version of the Paytm application. You can click on the Paytm First Card icon or find the Paytm First card option in the menu to start the Paytm First card request. Please complete the details correctly and submit the form. Once approved, a Citibank representative will contact you to complete the KYC process. Once the request is approved, the Paytm First card will be sent to your communication address with the welcome letter.
24. Where can I use Paytm First credit card?
Ans: The Paytm First credit card can be used in both online and offline transactions. The card is delivered to you in an activated state. You can use It for online purchases right away. Once you generate a PIN (secrete code) for security purpose, you can use your card to make payments at any merchant establishment that accepts VISA cards. You can also use the Paytm First credit card to add money your Paytm wallet.
25: Who is eligible for the new Paytm wallet?
Ans: Those who are done In-person verification are eligible for Paytm wallet.
You are new to the Paytm app - you have never signed up for Paytm before. You signed up for the Paytm app but did not check in person (Full KYC) with Paytm Payments Bank.
If you have done in-person verification (KYC) with the Paytm before and already have a wallet with higher limits, this new Paytm wallet is not for you.
To check if you have completed an in-person verification or not, please visit your Profile section on the Paytm app. If there's a blue checkmark next to your name, you've already completed the in-person verification with Paytm. To view the Profile section, go to the Paytm app home page and click the icon in the top left corner.
26: What is the new Paytm wallet?
Ans: The new Paytm wallet has no in-person verification requirement and comes with lifetime validity. You can add up to Rs.10,000 per month.
Q: What is the process for opening a new Paytm wallet?
Ans: As per RBI guidelines, you must provide your name and unique identification number from one of the required documents (passport, voter ID, driver's license or NREGA employment card) and verify your phone number mobile via an OTP sent to you.
Q: How much money can I hold in the new Paytm wallet?
Ans: At any time, you can hold up to Rs 10,000 / - in your new Paytm wallet. If you have a balance of Rs 10,000 / - in your wallet, you will not be able to add more money to your wallet without using the existing amount. In one year you can add up to Rs.1,20,000 / - to this wallet.
Q: How can I add money to the new Paytm wallet?
Ans: You can add money to the new Paytm wallet using a debit card, credit card, Net Banking, UPI and can receive money from full KYC wallet. You cannot add money to this wallet in cash.