![]() ![]() Step 3: Enter the beneficiary name, IFSC code and account number Step 2: Now proceed further and choose the ‘Send to Bank’ option. Step 1: First launch the Paytm wallet on your mobile phone and choose the ‘Pay and Send’ icon. Step 5: After this, a confirmation message will get displayed on screen showing the results of successful payment Procedure to send money to Bank Account through Paytm Wallet Step 4: Under the ‘Enter Amount’ tab, enter the value and confirm payment Step 3: Now scan the QR code of the merchant to make the payment. Step 2: Proceed further and go to the home screen and click on ‘Pay or Send’ option ![]() Step 1: First download the app and add money Paytm app has revolutionized the payment mechanism across the retail stores, hotels, petrol pumps, restaurants, cafes, theatres and so on. Procedure to pay using Paytm Wallet (Scan and Pay) Option Step 5: A confirmation message will get displayed on the screen. Step 4: Now choose the method of payment and click on the ‘Pay Now’ option Step 3: Enter the amount which needs to be added and click on ‘Add Money’ Step 2: Now click on the ‘Add Money’ option on the home screen. Step 1: First download the Paytm App in your respective mobile phone For recharging currency in mobile phones.You need to login and recharge your FASTag through Paytm.Īll that the customers have to do is to use the BHIM UPI on the app by linking their respective bank account with UPI address. Today even small merchants can be seen using the Paytm Wallet at their stores or kirana shops in India.Īnother big feature of the Paytm was the recent ability to pay for toll charges, through the Paytm FASTag. In 2016, it launched gift cards and rail bookings. Slowly it unveiled more use-cases and included metro recharges, water, electricity, gas bill payments, education fees, movie tickets booking, events and amusement parks ticketing, flight tickets booking and so on. The company spearheaded its performance and registered a user base of 104 million in August 2015, as against its earlier record of 11.8 million during August 2014. Later, the firm launched its e-commerce with online deals and bus ticketing broadening its area of service to its customers. Initially, it started as a prepaid mobile and DTH recharge platform and later it added postpaid mobile recharge, data card, landline bill payments during the year 2013.ĭuring January 2014, the Paytm successfully launched the Paytm Wallet and got a boost as even the Indian Railways and Uber added it as a payment option to promote e-commerce payments in India. The company was initiated in August 2010, with an initial investment of $2 million. Paytm was founded by Vijay Shekhar Sharma. Paytm is one of the Indian e-commerce payment system and a financial technology company whose headquarters is located in Noida, Uttar Pradesh. ![]()
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