How To Add Money In Paytm Wallet? How To Add Money In Paytm Bank From Paytm Wallet?
by Aishwarya R
Updated Feb 14, 2023
Paytm Wallet
Paytm Wallet is a digital wallet service offered by Paytm, a leading Indian mobile payment and financial services company. The wallet allows users to store money in their Paytm account and use it to make payments for various services and products.
To use Paytm Wallet, users need to create a Paytm account and add money to their wallet through various payment methods such as debit/credit cards, net banking, UPI, or through physical cash deposits at select retail outlets. The wallet balance can be used to pay for mobile recharges, bill payments, movie tickets, travel bookings, and online shopping at various e-commerce sites that accept Paytm as a payment method.
One of the key advantages of using Paytm Wallet is its convenience and ease of use. Users can make payments instantly without having to enter their card details or bank account information every time they make a transaction. Additionally, Paytm also offers cashback and rewards for using the wallet to make payments, making it a cost-effective option for users.
Paytm Wallet also provides a range of security features to ensure the safety of user transactions. These include two-factor authentication, transaction passcodes, and biometric authentication. The wallet also has a 24/7 customer support team that can assist users with any issues or queries they may have.
Overall, Paytm Wallet is a versatile and convenient payment solution that has gained popularity among Indian users due to its ease of use, security, and cost-effectiveness.
How To Add Money In Paytm Wallet?
To add money to your Paytm wallet, follow these steps:
- Open the Paytm app or website and log in to your account.
- Click on the "Add Money" option on the home screen.
- Enter the amount you want to add and click on the "Add Money" button.
- Select the payment method you want to use (e.g., debit card, credit card, net banking, UPI).
- Enter the required details for the chosen payment method and confirm the transaction.
- The amount you added should reflect in your Paytm wallet immediately.
How To Add Money In Paytm Bank From Paytm Wallet?
To transfer money from your Paytm wallet to your bank account, you can follow these simple steps:
- Open the Paytm app and tap on the "Passbook" option on the home screen.
- Select "Paytm Wallet" from the list of options.
- Select "Send Money To Bank" from the list of options.
- Tap on the "Transfer" button.
- Enter the amount you want to transfer and the bank details, including the account holder name, account number, and IFSC code.
- Review the details and confirm the transfer by tapping on the "Proceed" button.
- Once the transfer is complete, you will receive a confirmation message and the transferred amount will reflect in your bank account.
It's important to ensure that the bank details entered are correct to avoid any errors or delays in the transfer. Additionally, Paytm may charge a nominal fee for transferring money from the wallet to a bank account, so users should check the applicable charges before initiating the transfer.
How To Add Money In Paytm Wallet From Credit Card?
You can add money to your Paytm wallet through a credit card by following these steps:
- Open the Paytm application on your mobile device.
- Locate the 'Paytm Wallet' option on the home screen and tap on it.
- Add the desired amount that you want to add to your Paytm wallet.
- Click on 'Proceed'.
- Next, select the 'Credit Card' payment option.
- Enter your credit card details, including the card number, expiry date, and CVV number, to add money to your Paytm wallet.
- Once you have entered the required details, click on 'Add Money'.
- The amount you added will reflect in your Paytm wallet immediately.
It is important to ensure that the credit card information entered is accurate and up-to-date to avoid any issues with the transaction. Additionally, you may be charged a nominal fee for adding money to your Paytm wallet using a credit card, so it's essential to check the applicable charges before proceeding with the transaction.
How To Add Money In Paytm Wallet - FAQs
Paytm Wallet is a digital wallet service that allows users to store money in their Paytm account and use it to make payments for various services and products. Users can add money to their wallet through various payment methods such as debit/credit cards, net banking, UPI, or through physical cash deposits at select retail outlets. The wallet balance can be used to pay for mobile recharges, bill payments, movie tickets, travel bookings, and online shopping at various e-commerce sites that accept Paytm as a payment method.
Yes, Paytm Wallet is safe and secure. Paytm provides various security features such as two-factor authentication, transaction passcodes, and biometric authentication to ensure the safety of user transactions. Additionally, Paytm has a 24/7 customer support team that can assist users with any issues or queries they may have.
Paytm Wallet is a free service, and users can add and use their wallet balance without any additional fees. However, Paytm may charge a nominal fee for transferring money from the wallet to a bank account or for adding money to the wallet using a credit card. Users should check the applicable charges before initiating the transaction.
Paytm Wallet has a transaction limit of up to Rs. 10,000 per transaction, with a monthly limit of Rs. 1,00,000 for full KYC (Know Your Customer) verified users. For users who have not completed full KYC, the monthly transaction limit is Rs. 10,000.
Paytm has a 24/7 customer support team that can be contacted through the app or website. Users can also reach out to Paytm customer support through email or phone, the contact details of which can be found on the Paytm website.