Paytm is India’s largest digital payment platform that allows the user to do various transactions like Mobile Recharge, Send Money (Wallet to Wallet And Wallet To Bank), Metro Recharge, Broadband Bill Payment, Buy & Sell Gold and many more. Paytm is an Indian E-Commerce payment system that is fully digitalized and it is owned by One97 Communications located in Noida.
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How To Add Money In Paytm Wallet
There are few steps needed to add money in Paytm in less than a minute. Do you know you can transfer your Paytm wallet money to your bank account? But for this, you need to pay some extra charges to Paytm. As it charges 5% for transferring the money from Paytm to the bank.
Step By Step Guide To Add Money In Paytm
Just follow the below steps to add money in any Paytm Wallet.
Step 1: Launch the Paytm wallet on your mobile. Ensure that you are logged in your Paytm Wallet.
Step 2: At the top of Paytm there is an icon of Add Money, Tap on it.
Step 3: Enter the amount you wish to add to your Paytm wallet. After entering the amount tap on add money.
Step 4: There are various Payment Methods present in the Paytm. Select the payment method from which you can add money to your wallet.
Step 5: In this method, I selected the Debit Card option. Now enter the following details.
- Enter the debit card number.
- Expiry month and year of the debit card.
- Enter the 3 digit CVV number present at the backside of the card.
- After that tap on pay now.
Step 6: A new page will be opened for completing the payment by entering the OTP (One Time Password) send to your registered mobile number which is linked to your bank account.
Step 7: A pop-up screen will appear that will show Added successfully to your Paytm wallet after entering the correct OTP.
FAQ (Frequently Asked Questions)
No, you cannot send money to anyone or a bank account from the Paytm website. It is only available only on the Paytm app. You can send money to your bank account from the Paytm wallet also pay to the merchant with the Paytm app.
KYC stands for Know Your Customer. The aim of doing Paytm KYC is to prevent banks from being used unintentionally or for the wrong purpose.
If you don’t have Paytm then download it from here Paytm to avail various benefits of it.
There are several steps that are to be followed to complete your Paytm KYC. You will also get the list of KYC center near you from these steps.
Yes, you can use Paytm without having a Bank Account. But you will face a problem when you need money for transaction purposes. Then only you need a bank account to add the money in the Paytm wallet. Also, you can see the below methods from which you can add money to your Paytm wallet.
If you don’t have access to any of them. Then you can ask someone to send money to your Paytm wallet and you can pay them cash. But you need to complete Paytm KYC, to access to the various services of KYC.