How to Use Paytm? How To Add Money, Send Money & More

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how to use paytm

What is Paytm?

Paytm is a platform for digital payments which is owned by one97 communications. It allows you to transfer cash into the integrated wallet via online banking, debit cards, and credit cards. You even transfer by depositing cash via select banks and partners. The money in your Paytm wallet allows you to pay for a number of goods without using cash.


Know More About Paytm Wallet:

Paytm Wallet serves as a digital platform for making payments for various goods and services available on the Paytm app. One can transfer money from the bank account or credit card to use it further for transactions on goods and services.

All you need to do is to set up an account using your mobile number and email ID which allows you to transfer money to your Paytm Wallet. You can add up to Rs. 10,000 in a month in the Wallet. You can even increase the monthly limit by completing the KYC (Know Your Customer) processor.


How to Use Paytm and Paytm Wallet?

How To Use Paytm to Add money in Paytm Wallet?

Before you add money to your Paytm Wallet you need to set up an account on it by using your mobile number and email ID.

Here is a step-by-step guide to help you add money to your Paytm Wallet:

  • Open Paytm App
  • On the app home screen, tap on the ‘Add Money’ option
  • Enter the amount that you wish to transfer to the Paytm Wallet
  • Tap on the ‘Add Money’ button to proceed with the transaction
  • Select the payment option (Debit card/ Credit card/ Net banking) through which you want to transfer money to the Paytm Wallet
  • Enter your bank or card details such as Card number, expiry date, and CVV to with the transaction
  • Tap on the ‘Pay Now’ button to complete the transaction

How To Use Paytm to Pay or Send money through Paytm Wallet?

Paytm users can easily pay or send money to other users of Paytm services through their smartphones. There are two ways of sending money to another user on Paytm:

Option 1: Scan QR Code

One of the ways of send money is by scanning the QR code displayed by the retailer. Follow these simple steps to use QR code for making payment:

  • Open the Paytm app
  • On the app home screen, tap on the ‘Pay or Send’ option
  • Scan the QR code
  • Enter the desired amount
  • Tap on the ‘Pay’ button to proceed with the payment

Option 2: Mobile Number

The second and the easier way to send money using Paytm Wallet is through the mobile number of the Paytm user.

  • Open the Paytm app
  • On the app home screen, tap on the ‘Pay or Send’ option
  • Tap on the ‘Mobile No.’ option
  • Enter the mobile number of the person to whom you want to send the money
  • Enter the desired amount
  • Tap on the ‘Send Money’ button to proceed with the payment

How To Use Paytm to Transfer money to your bank account?

Follow these simple steps to transfer money to your bank account from Paytm account:

  • Open the Paytm app
  • On the app home screen, tap on the ‘Passbook’ option
  • Select ‘Send Money to bank’ option
  • Tap on ‘Transfer’ to proceed with the transfer of the money to your bank account
  • Enter your bank details such as the amount that you wish to transfer from Paytm wallet, your bank account number and bank’s IFSC
  • Tap on the ‘Send’ option to complete the transaction

Once the transaction is initiated, you will receive a summary of your Paytm updated balance. Followed by a message stating that the desired amount has been successfully transferred to your bank account.


How To View Transaction history on the Paytm app:

Paytm allows the customers to have a check of the transactions they made by using the Paytm app. Paytm users can view the balance in their Paytm wallet anytime. All you need to do is to follow these simple steps:

  • Open the Paytm app
  • On the app home screen, tap on the ‘Passbook’ option

The passbook shows you the transaction summary of the money that was paid and received through Paytm. The Paytm passbook also shows the transaction summary of the time when you had added money to the Paytm account.


Facilities on Paytm:

There are many facilities on Paytm App, that you can make use of. Some of them are:

Recharge options – Mobile Prepaid, Mobile Post-paid, Electricity Bill, DTH, Metro Smart Card.

Book on Paytm – Movie Tickets, Flight tickets, Bus, IPL Playoffs tickets, Amusement Parks, Cars & Bikes.

Shop on Paytm Mall – Men’s Fashion, Women’s Fashion, Mobiles, Electronics, Kids, Big Bazaar.

Check Out & Save With: Paytm Promo Code


FAQs About How To Use Paytm

Is it safe to use Paytm account? 

Yes, it is safe to use Paytm account as it is 128 bit encrypted SSL security.

What are the benefits of Paytm? 

Paytm helps you keep an e-wallet on the go. You can add money from your bank account at any time and use it to shop or pay online.

What are the disadvantages of Paytm? 

You need an internet connection to operate and transact money online.

Is Paytm free to use? 

Paytm allows you to transfer money instantly to anyone at zero charges from Paytm wallet.


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