How to Setup and Use Paytm – Guide

The demonetization of the 500 and 1,000 rupee notes has led to a surge in the use of digital wallets for transactions. This has made Paytm the most popular mobile app in India, with over 100 million users. The lack of cash and long lines have made digital wallets a necessity for ordinary citizens – at least those with smartphones – and brought Paytm to the minds of users.

Paytm, the largest online payment platform in India, claims to have over 150 million users. However, many more people in India still do not use Paytm and its digital wallet. Are you also confused about what Paytm is, how Paytm works and what you can do with it? Then read this article about how to use Paytm. ..

payment categories

In Paytm Wallet, you can add money and use it anywhere for payment transactions. You can use your Qr code feature or your mobile number to make payments. ..

The second is Paytm Mall, which uses this feature to shop online through Paytm.

Paytm Bank is a financial services company that offers a variety of products and services, including an account, debit card, checkbook, and FD. ..

How to create a Paytm account

If you have already created a Paytm account, then you need to click on the “Login to Paytm” link. If you want to create a new account, click on the “Create a new account” link. ..

Please enter your mobile number and then click “Proceed safely.” After that, you will receive an OTP to verify your number.

Enter your OTP and click “Proceed safely”. Then Paytm will check and ask for your permission to allow Paytm to do and manage phone calls? ..

You have now successfully created your Paytm account. ..

How to activate Paytm wallet

To create an account in Paytm, you will need to click on the tree lines in the upper left corner and then click on your “phone number”. You will then be able to see your QR code. To use the QR code, you will need to activate your wallet. Then click the “Activate now” button. ..

The company will then redirect you to a page where you will be asked to submit any documents as per the RBI guidelines. For example, Pan Card, passport, voter registration card, driving license or NREGA employment card. Select any of the valid IDs above and enter your unique number.

KYC types

Paytm is now requiring all users to undergo a KYC process in order to continue using the platform. The company has introduced two types of KYC - MINI KYC, which is for users who only need to verify their identity information, and FULL KYC, which requires users to provide additional information such as proof of address and identity documents. Before getting into the details, I want to say that there are two types of KYC at Paytm. MINI KYC is for users who only need to verify their identity information, while FULL KYC is for users who need to provide additional information such as proof of address and identity documents. You can find a Paytm store near you if you want to undergo FULL KYC. ..

How to use Paytm wallet

Add money to your account.

The Paytm Wallet is a new way to pay for goods and services. It’s simple, fast, and secure. You can use it to pay for things like groceries, taxis, and more.

Add money to your account.

To add money to your Paytm Wallet, select one of the options like “Credit Card”, “Net Banking”, “BHIM UPI” or “Debit Card”.

To add money from your bank account, go to your bank website and enter your bank account number, routing number and account type (checking, savings or credit) Click “Pay securely” to add money. ..

Your bank has sent you an OTP. Enter the OTP number and click the “Send” button.

Your Paytm wallet will now have the money you’ve been waiting for. ..

To check your Paytm wallet balance, open the Paytm app and click on “Passbook”.

There is a new option in the menu called “Pay” that uses QR codes to pay your bills.

If you want to send money through a mobile number, just enter the mobile number of the person who has a Paytm account and then click on “Continue” to make the payment. ..

There are many options on Paytm, including recharge your mobile number, book a movie ticket, pay your electricity bill, DTH, shopping and more.

How to Use Paytm bank

To set your Paytm Payments Bank password, first click on the “Click to Paytm Bank” button on the main page of the app. Then, enter your current Paytm Payments Bank password and click on “Set Password” to confirm it. ..

If you choose to add a candidate to your bank account, you will be prompted to enter their bank account number and routing number. ..

If you want to add it now, you can add it or add it later too. Click the checkmarks and then click “Continue” to continue. ..

To open a Paytm Bank account, you must complete your full KYC process. This includes providing your full name, date of birth, address, and other required information. ..

Your Paytm Bank account will be opened automatically when your KYC is complete.

Your mobile number is your account number. You will also receive a debit card.

Final note

How to Setup and Use Paytm: A Guide