What is Paytm? How to Create Paytm Account

Hello friends, today through this article we are going to tell you what is Paytm. How does this work? What are the advantages of Paytm? what is its history? Who made it and when? What is the full form of Paytm? Today we will tell you all this in detail in this article. If you want to know about Paytm. stay connected with us on this article!

In recent times, more people have moved towards digital transactions very fast. Due to Corona, the effect of online transactions has increased a lot. At the time of Corona, people were not able to come out of their houses. So in that time, people have used the digital platform a lot. In this time, people have ordered everything at their homes through online platforms and digital. That’s why digital has played an important role in the recent past.

If we talk about digital transactions, then many apps are available in the market today. Out of that Paytm is also a very famous digital platform. Friends, if I talk about Paytm, then in today’s time everyone from a big company to a vegetable seller uses Paytm. Paytm payment option is mostly available at everyone’s shop or company.

Basic Overview of Paytm

What is Paytm?

Paytm App is a Virtual Wallet Application, it is also called E-Wallet because in this application you can keep money like your wallet. In this, you can transact money with the Paytm number which is your mobile number. With Paytm, you can pay bills, recharge, transfer money and shop online. In 2016, Paytm started its online shopping service, so today Paytm is also an E-Commerce company with a digital wallet.

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Using Paytm, you do not need to keep money in your wallet. You can add money to Paytm Wallet or you can link your bank account with Paytm. It is very easy to transact money through Paytm. Paytm was launched in 2010 by One97 Communication Limited, an e-commerce shopping website from Noida.

Full Form of Paytm

Paytm Full Form is ‘Pay Through Mobile’ Paytm in Hindi means “payment through mobile”.

• Pay – Payment means making payment.
• T – Through
• M – Mobile (Mobile)

This means paying through mobile.

How to Create Paytm Account?

If you have installed the Paytm app on your phone, then follow these steps to create an account in Paytm.

First of all, download the Paytm application from Play Store or App Store.
After this open the Paytm app.
After that click on the “Create A New Account” option.
Now enter your mobile number and click on “Create A New Account”.
After this, an OTP will be received on your given mobile number, enter it and submit it.
Now enter your First Name, Last Name, and Date of Birth, and click on Create Account.
Your Paytm Account has been created.

Now you must have understood how to create your Paytm Account.

How to Earn Money from Paytm App?

Apart from making payments from Paytm App, you can also earn money from Paytm. You can earn money from Paytm in the following ways.

Earn Money from Paytm by Referring

Paytm gives you a chance to earn money under Refer and Earn Program. If you share Paytm App’s Referral link with your friends, relatives, or other people, and someone joins Paytm App through your Referral Link, then you get Rs.100 per Refer.

In this way, you can share Paytm Referral Link to many people. And can earn money.

Earn Money from Paytm by Scratch Card

If you do transactions through Paytm, then Paytm gives you a scratch card on every transaction. By scratching we get many types of Shopping offers, Reward Points, and Cashback.

Cashback would be Real Money that is directly deposited in your Paytm Wallet. And you can take advantage of the offer by shopping for a particular product. Apart from this, you can do shopping by redeeming Reward Points on Gift Cards.

Paytm Services

Following are some of the major services provided by Paytm.

• You can recharge your mobile and DTH through Paytm.
• If you live in a metro city then you can recharge your metro card through Paytm.
• You can pay gas, water, electricity, broadband, landline, school fees, and cable TV bills with Paytm.
• You can send money through UPI or Bank Transfer.
• You can also send and receive money using your mobile number only.
• You can book Ola / Uber, Railway, Flight, and Bus tickets.
• You can pay LIC or insurance through Paytm.
• If needed, you can take a loan from Paytm.
• Pay your credit card bill with Paytm.
• You can check your balance by linking your bank account with Paytm.
• You can do online shopping from Paytm Mall.
• You can play the game by downloading Paytm First Game.
• You can book tickets for entertainment like TV shows.
• You can earn money by referring to Paytm with your friends.
• By completing KYC, you can deposit up to Rs 1 lakh in your Paytm Wallet.

Or there are some major services of Paytm, apart from these many types of services are also provided by Paytm. You can see all the services of Paytm by downloading the Paytm application.

History of Paytm

Paytm was founded in August 2010 by Vijay Shekhar Sharma in Noida, Delhi NCR. Paytm was founded by Vijay Shekhar Sharma with an initial investment of 2 million US Dollars. Initially Paytm was a prepaid mobile and DTH recharge platform.

• In the year 2013, Paytm added data card, postpaid mobile, and landline bill payment options.
• In January 2014, the company launched Paytm Wallet, adding payment options for Indian Railways and Uber. 
• In 2015, Paytm added the option of paying for education fees, metro recharge, electricity, gas, and water bills.
• in 2016, Paytm launched movie, event, and amusement park tickets as well as flight ticket booking and Paytm QR. In the same year, Paytm started E-Commerce under the name Paytm Mall. Through Paytm Mall, like Amazon and Flipkart, any person can do online shopping while sitting at home.
• In the year 2017, more than 100 million people downloaded the Paytm app, at that time Paytm had become the most downloaded Payment App in India.
• In 2019, Paytm also ventured into the gaming industry and launched an application called Paytm First Game. In this app different types of games are added in Paytm.

So this was a brief history of Paytm, Paytm is still expanding its services widely.

How to Recharge Your Mobile with Paytm?

If you want to recharge your or any of your friend’s mobile then follow the following steps.

• First, open the Paytm app.
• Now click on the option of Mobile Recharge in the Recharge & Bill Payment section.
• Now you will get Prepaid and Postpaid options. If you want to recharge your Prepaid mobile then select Prepaid. And if you want to pay a Postpaid mobile bill then select Postpaid.
• After this enter the mobile number.
• Now select your mobile recharge plan and click on Pay.
• Now confirm by entering your Paytm PIN.
• Your mobile will be recharged as soon as you confirm.
• You do not have to select the plan while paying the postpaid mobile bill. You have to pay only as much bill as you have.

In this way, you can recharge any mobile number and pay bills with Paytm.

What is Paytm Wallet?

Paytm App is called E-Wallet or Digital Wallet because you cannot touch the money that is in E-Wallet with your hands, you can only see that money and use it to make online payments and transfer money.

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Paytm Wallet is a means of making digital payments in which you can add money from any of your bank accounts or credit cards to transact money on this application. With the help of Paytm Wallet, you can add up to Rs 10,000 per month and do online shopping, mobile recharge, and other tasks.

If you want to increase the limit of the month, you have to complete Paytm KYC ie (Know Your Customer). After this, at any time, you can transfer up to 1 lakh rupees from Paytm Wallet to another Paytm Wallet.

How to Use Paytm Wallet?

Paytm application gives many facilities to its users. To do cashless transactions using Paytm Wallet, you have to download the Paytm application and create your account and then you can use Paytm Wallet.

How to Do KYC in Paytm?

The Government of India is fully engaged in making the country Digital India so that India does not lag behind any other country in the world. That’s why companies related to finance take the form of Government ID Verification to identify their customers. The most important document in doing KYC is the Aadhaar card. Apart from this, you can also do KYC with a Voter ID card, Driving License, and PAN card.

One advantage of doing KYC in Paytm is that the limit of your wallet increases from 10 thousand to 1 lakh. Follow the following easy steps to do KYC in Paytm.

• First, open the Paytm app.
• After this enter the details of your Aadhaar card.
• Now an OTP will come on the link number from your Aadhaar card.
• You get it verified by entering the OTP.
• After this you will be asked for some basic information, you fill them all correctly.
• After completing this process, your KYC will be completed on the Paytm app.
• You can also use a PAN card, Voter ID, Driving license, etc. in place of an Aadhaar card.

How to Add Money in Paytm Wallet?

Adding money to Paytm Wallet is very easy, you can easily add money to Paytm Wallet by following the process mentioned below.

• On the homepage of the Paytm application, you will get the option of Wallet, click on it.
• After this here you will get the option of Add Money, enter the amount of money you want to add and click on Proceed To Add.
• Now select the method by which you want to add money. You can add money to Paytm through Debit Card, Credit Card, UPI and Net Banking.
• Fill the details of whatever medium you select to add money.
• Finally, by clicking on the Add Money option, you can successfully add money to Paytm Wallet.

How to Transfer Money from Paytm?

Just as adding money to Paytm is very easy, similarly transferring money from Paytm is also very easy, to transfer money from Paytm you follow the following process.

• On the homepage of Paytm, you will get the option of Sand Money at the top.
• Select the method by which you want to send money. You can transfer money by scanning, by mobile number, and in the bank.
• Fill in the details of the recipient in whatever medium you want to send money. For example, if you want to send money to your friend through a bank transfer, then enter your friend’s bank details.
• After this, enter the amount of money you want to send.
• Finally, transfer the money by clicking on the Send button.
• In this way, you can send money from Paytm to any other person.

How to Add a Bank Account in Paytm?

Follow the steps given below to add a bank account to Paytm.

• Open the Paytm app and click on the profile icon at the top.
• After this, click on the option of Payment Setting here.
• Now click on the option with UPI & Linked Bank Account.
• Here you will get the option of adding a Bank Account.
• You can add any of your bank accounts to Paytm.

Paytm Customer Care Number

If you are facing any kind of problem in using Paytm App or you have any kind of questions in your mind then you can contact Paytm Customer Care. and can solve your problem. You can use the number given below to contact Paytm.

Paytm Support

Bank, Wallet, & Payment Support: 0120-4456456, Movie & Events Tickets Support: 0120-4728728, Paytm Mall Shopping Orders Support: 0120-4606060, Paytm Travel Tickets & Forex Support: 0120-4456456 0120-4880880.

Conclusion

Friends, I hope that by reading this article, you have got complete information about Paytm. If you want to know more about Paytm, then you can ask by commenting in the comment section. If you have got the right information by reading our article. So don’t forget to share our article with your friends. Stay connected with us to read such informative articles. We will keep writing articles related to technology like this and will keep giving information to you people. Thank you very much for reading our article!

FAQs

Q1. Who is the founder of Paytm?

• Answer: The founder of Paytm is Vijay Shekhar Sharma, who founded the Paytm company in the year 2010.

Q2. Paytm is a company from which country?

• Answer: Paytm is an Indian company.

Q3. What is the helpline number?

• Answer: Paytm’s helpline number is 0120-4456-456. You can contact Paytm anytime by calling this number.

Q4. What is the full form of Paytm?

• Answer: The full form of Paytm is Pay Through Mobile.

Q5. For more information.

• Answer: style=”text-align: justify;”>Visit: www.Newsbeed.com, newsbeeds@gmail.com, info@localhost.