How to Transfer Money from Paytm Application?

byPriyanka JuyalLast Updated: January 11, 2023
How to transfer add money to the Paytm wallet
How to transfer add money to the Paytm wallet

The Paytm app allows users to not only pay bills, recharge mobile phones, and book tickets, but also to directly send money to a recipient’s bank account. This feature makes it easy and convenient for users to transfer funds to others without having to go through the hassle of traditional banking methods.

In this blog, we will provide step-by-step instructions on how to use this feature in the Paytm app.

How to Transfer money from Paytm Application?

Here is how to transfer from the Paytm application to anyone’s bank account:

  • Open the Paytm app on your device and log in to your account.
  • Go to UPI Money Transfer and then select ‘To Bank A/c’.
  • Now, select one of the options (bank account details, UPI ID, mobile number, or to self) to send money to the recipient’s or your own bank account.
  • Assume you’ve chosen ‘Mobile number’ to send money to the recipient’s account. In this case, enter the mobile number, click ‘Pay,’ enter the amount, choose your preferred payment method, click ‘Pay,’ and enter the passcode/PIN to complete the transaction.
Add Money to Wallet
FAQs
Is it possible to set payment reminders on my Paytm wallet?
To set payment reminders on the Paytm wallet, you can click on the “Paytm Wallet” option on the home screen and then click on the “Set Payment Reminders” option. This will allow you to set reminders for different types of payments, such as bill payments or recharge payments. You can also customize the reminder settings to receive notifications for upcoming payments.
What else can the Paytm wallet be used for?
The Paytm wallet can be used to make online payments, send and receive money, shop at offline stores, and invest in mutual funds. It offers a convenient and versatile way to manage and make payments using your phone.
Is it possible to check Paytm wallet’s spending analytics?
Yes, you can look at Paytm wallet’s spending analytics, which can be found under the ‘Manage your wallet’ section.
Is it possible to view my Paytm wallet statement?
Yes, you should be able to view your Paytm wallet statement by logging into your Paytm account and accessing the “Passbook” section. From there, you should be able to see all of your transactions, including any deposits, withdrawals, and payments that you have made. It’s a good idea to regularly check your Paytm wallet statement to keep track of your spending and make sure that there are no unauthorized transactions on your account.

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