Not only can users use the Paytm app to pay bills, recharge mobile phones, and book tickets, but they can also send money directly to the recipient’s bank account.
In this blog, we will show you how to easily send money to a recipient’s bank account using the Paytm application.
How to Transfer money from Paytm Application?
Here is how to transfer from the Paytm application to anyone’s bank account-
- Log into the Paytm application
- 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.