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.