Paytm Tutorials and Guide For Beginners

Paytm is a comprehensive digital payment platform that allows users to make payments, transfer money, shop online, recharge mobile phones, book tickets, and much more. Here’s an overview of how Paytm works.

Creating a Paytm account is quick and straightforward. Here’s a step-by-step guide to sign up for Paytm:

Paytm Tutorials and Guides
Paytm Tutorials and Guides

Steps to Sign Up for Paytm

1. Download the Paytm App

  • Go to the Google Play Store (for Android) or the Apple App Store (for iOS).
  • Search for “Paytm” and download the app.

2. Open the App

  • Launch the Paytm app once installed.

3. Tap on “Create New Account”

  • On the login screen, click on the option to Sign Up/Create a New Account.

4. Enter Your Details

  • Provide the following information:
    • Mobile Number: Enter the mobile number you want to register with.
    • Email Address (Optional): This is useful for receiving email updates.
    • Password: Create a strong password for your Paytm account.

5. Verify Your Mobile Number

  • An OTP (One-Time Password) will be sent to your registered mobile number.
  • Enter the OTP in the app to verify your number.

6. Complete Your Profile (Optional)

  • You can add your name, email, and other personal details to complete your profile. This step is optional during sign-up but recommended.

After Signing Up

  • Add Money: Link your debit/credit card or net banking to add money to your wallet.
  • Set Up UPI (Optional): If you plan to use Paytm for UPI transactions, link your bank account and create a UPI PIN.
  • KYC Verification (Optional): Complete KYC for additional features like higher wallet limits and wallet-to-bank transfers.

Tips for a Successful Sign-Up

  • Use a valid mobile number for OTP verification.
  • Choose a strong and memorable password.
  • Complete KYC verification later for access to all Paytm features.

How to transfer money from Paytm to gcash

Currently, Paytm and GCash operate in different countries and do not have a direct integration for money transfers. Paytm is primarily used in India, while GCash is widely used in the Philippines. However, you can transfer money indirectly between the two platforms by following these steps:

Steps to Transfer Money:

  1. Link Paytm to a Bank Account in India
    Ensure your Paytm wallet or account is linked to your Indian bank account. Transfer the desired amount from Paytm to your bank account.
  2. Use a Cross-Border Money Transfer Service
    Use an international remittance service that supports transfers to the Philippines. Common options include:
    • Wise (formerly TransferWise)
    • Western Union
    • Remitly
    • PayPal
    Steps:
    • Send money from your Indian bank account to the recipient’s bank account or GCash wallet in the Philippines using these services.
    • If GCash is supported, ensure the recipient’s GCash is verified to accept international remittances.
  3. Direct Bank Transfer to GCash
    Once the money arrives in the recipient’s Philippine bank account, they can transfer it to their GCash wallet using the “Cash In” feature in the GCash app.

Important Notes:

  • Exchange Rates: Check the exchange rates and fees for the remittance service you choose.
  • Verification: Both Paytm and GCash accounts should be fully verified to enable seamless transactions.
  • Cross-Border Limits: Be mindful of transfer limits, as they vary depending on the remittance provider and government regulations.

Paytm UPI ID example

A Paytm UPI ID is a unique identifier linked to your Paytm account that allows you to send or receive money using the Unified Payments Interface (UPI) system in India.

Example Format of a Paytm UPI ID:

A Paytm UPI ID typically looks like this:

YourMobileNumber@paytm

Example:

If your registered mobile number with Paytm is 9876543210, your UPI ID will be:

9876543210@paytm

Alternatively, you can create a custom UPI ID through the Paytm app, which might look like:

YourName@paytm

How to Check Your Paytm UPI ID:

  1. Open the Paytm app on your phone.
  2. Go to the “UPI” section or search for “UPI ID” in the app.
  3. Your UPI ID will be displayed there.

Paytm transaction history

You can easily check your Paytm transaction history using the Paytm app. Here’s how:

Steps to Check Paytm Transaction History:

  1. Open the Paytm App
    Launch the app on your smartphone and log in if not already logged in.
  2. Go to the ‘Passbook’ or ‘Transaction History’ Section
    • Tap on your profile picture or the menu icon (three horizontal lines) in the top-left corner.
    • Select “Passbook” or look for the “Transaction History” option.
  3. View All Transactions
    • Here, you’ll see a list of all your transactions, including money sent, received, and payments made.
    • You can tap on any transaction to view its details, such as transaction ID, time, and status (successful or failed).
  4. Filter Transactions (Optional)
    • Some versions of the app allow you to filter transactions by date, type (e.g., UPI, wallet, recharge), or merchant.
  5. Download Transaction History (If Needed)
    • Scroll down to the bottom of the transaction list and look for an option like “Download Statement.”
    • Select a date range, and the history will be emailed to you as a PDF or made available for download.

Additional Tips:

  • Ensure App is Updated: Keep your Paytm app updated for the best experience.
  • Web Portal Option: You can also check your transaction history by logging in to the Paytm website and navigating to the “Passbook” section.

Paytm money transfer

Here’s a complete guide to transferring money using Paytm, covering all possible methods like UPI, Wallet, and Bank Transfers.

1. Transfer Money Using Paytm Wallet

Steps:

  1. Open Paytm App
    Log in to your Paytm account.
  2. Tap on “Pay”
    • Use the QR code scanner or enter the recipient’s mobile number (linked to their Paytm account).
  3. Enter the Amount
    Input the amount you want to send.
  4. Confirm the Transfer
    • Tap “Pay” to complete the transaction.
    • The money will be deducted from your Paytm Wallet and sent instantly to the recipient’s wallet.

2. Transfer Money Using UPI

Steps:

  1. Open Paytm App
    Navigate to the UPI section.
  2. Set Up UPI (If Not Done Already)
    • Link your bank account by verifying your mobile number.
    • Set a UPI PIN if it’s your first time.
  3. Choose “Send Money”
    • Enter the recipient’s UPI ID (e.g., mobile@paytm) or bank details.
    • Alternatively, scan the recipient’s UPI QR code.
  4. Enter Amount
    Input the amount to be sent.
  5. Confirm Transfer
    Enter your UPI PIN to authenticate. The money will be sent directly from your bank account to the recipient.

3. Transfer Money to a Bank Account

Steps:

  1. Open Paytm App
    Tap on “Passbook” or “Send Money to Bank” (found in the homepage menu).
  2. Enter Recipient Details
    • Input the bank account number, IFSC code, and recipient name.
    • You can also save this information for future transfers.
  3. Enter Amount
    Specify the amount to transfer.
  4. Confirm Transfer
    • Choose the payment method (Wallet or UPI-linked bank account).
    • Authenticate using your UPI PIN or wallet balance.

4. Transfer Money Using Paytm QR Code

Steps:

  1. Open Paytm App
    Tap on the “Scan QR” option on the homepage.
  2. Scan the QR Code
    • Scan the recipient’s Paytm QR code.
  3. Enter Amount and Pay
    • Input the desired amount and tap “Pay”.
    • Confirm the transfer, and the money will be sent instantly.

5. Transfer Limits and Charges

  • Paytm Wallet:
    Free for wallet-to-wallet transfers.
    Wallet-to-bank transfers may incur a fee (typically 3%-5%) unless you have KYC completed.
  • UPI Transfers:
    Free of cost. Daily limit is usually ₹1,00,000, depending on the bank.
  • Bank Transfers:
    No charges for UPI-based transfers. Paytm Wallet-to-bank transfers may have fees.

6. Transaction History

You can check your transaction details in the Passbook section of the app.

Additional Tips

  • Complete KYC: Ensure your Paytm account is KYC-verified to unlock full features, including higher transfer limits.
  • Secure UPI PIN: Never share your UPI PIN with anyone.
  • App Updates: Regularly update the Paytm app for a seamless experience.

Paytm to PayPal

Paytm and PayPal are not directly integrated, meaning you cannot directly transfer money from Paytm to PayPal. However, you can transfer money indirectly using an intermediary step. Here’s a step-by-step guide:

Steps to Transfer Money from Paytm to PayPal

1. Withdraw Money from Paytm to Your Bank Account

  • Open the Paytm app.
  • Go to Passbook or the Bank Transfer section.
  • Transfer the desired amount from your Paytm Wallet to your linked bank account.

2. Link Your Bank Account to PayPal

  • Log in to your PayPal account.
  • Go to Wallet or Settings > Financial Information > Bank Accounts.
  • Add the same bank account where you transferred money from Paytm.

3. Transfer Money to PayPal

  • Since PayPal does not allow adding funds directly in many countries (e.g., India), you’ll need to make an international payment or purchase using PayPal.
  • When you make a payment via PayPal, the required funds will be auto-debited from your linked bank account.

Alternative: Use an International Money Transfer Service

If you need funds in PayPal for a specific purpose (e.g., receiving payments internationally):

  • Use platforms like Wise (formerly TransferWise) or Payoneer to move money internationally.
  • These services can bridge the gap if PayPal and Paytm don’t suit your needs.

Important Notes

  1. KYC and Verification
    Ensure both your Paytm and PayPal accounts are fully verified (KYC completed) to avoid issues.
  2. PayPal Fees
    Be aware of PayPal’s currency conversion fees and international transaction charges.
  3. Purpose of Funds
    PayPal is primarily for international transactions, so ensure your use aligns with their policies.

Check Also

Level Up Your Lazada Store Free vs. Premium

Level Up Your Lazada Store Free vs. Premium

Here’s the comprehensive information about Lazada’s free and paid versions, as well as a step-by-step …

Leave a Reply