How to Receive Money using Paytm?

Know how to receive money using Paytm for safe and secure transactions. Money transfers and online payments have never been so fast and easy as with the Paytm app. It provides for quick transactions. You can send as well as receive money both in the Paytm Wallet as well as directly in your bank account. Now, receive money anytime from senders anywhere, directly in your bank account through your phone number or UPI ID. Merchants can receive payments through a QR code creating a Paytm Business Account.

Receive Money in Paytm Wallet

To receive money in your Paytm wallet, all you need to do is download the Paytm app and Sign Up to create an account. Once you create an account, you have a digital wallet in which you can add, send or receive money.

You must note that you can receive money in your Paytm wallet only from another Paytm wallet user. So, here are a few guidelines for receiving money in your Paytm wallet:

  • Both parties should be Paytm users with a complete KYC verification status. If the KYC of any of the users is incomplete, then you need to upgrade your account by completing KYC. You may get notified when the receiver’s KYC is incomplete and you get a shareable link that you can forward to the receiver
  • In order to receive an amount higher than INR 10,000, the sender will need to add you as the beneficiary. The senders can send money from their Paytm wallets to yours. They can send even from their bank accounts to your wallet in case your bank is not linked with UPI
  • You may not receive the amount in case your wallet exceeds the monthly limit


Receive Payments through UPI

UPI is a unique ID that can be generated with the phone number linked to your bank account. Instant money transfers from bank to bank can be done with a UPI address. You can create a UPI ID using Paytm and share the same to receive money from any sender into your UPI account.

Mentioned below are a few steps that will help you to receive money through UPI:

  • Launch the Paytm app and click on the top left round symbol that indicates your profile


  • As soon as you click on it, you will find your UPI ID mentioned on the top left under your Profile Name


  • Select the UPI ID and share the link through Whatsapp, messenger, Gmail, etc.
  • The sender can now send money to you using this id. Alternatively, you can share your phone number with the sender who may enter it to send you the money through UPI. Here, both parties need to have a UPI id for UPI transactions

Paytm is a one-stop solution to receive payments through various getaways. It is a secure payment with a high success rate and real-time bank settlements. You can also keep a tab on your credited amounts and pending transactions through Balance & History Passbook. You can check the wallet transaction history, wallet balance, bank balance and also request a mini statement of the wallet.

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