Question: How Can I Send Money Through Paytm Wallet?

How do you transfer money from Paytm wallet to another Paytm wallet without KYC?

How to Use or Transfer Paytm Balance without KYC?Open Scanner in Paytm.Scan Barcode of your Friends Merchant Account.Enter money and Send Money.It will transfer to Your Friends Bank Account..

How do I scan and pay with Paytm wallet?

a. By scanning a Paytm QR CodeOpen the Paytm app in your smartphone.Now, tap on the Pay or Send option in the left hand corner.The scanner will now launch. … Once the scanner detects the QR Code, you will be landed on the payment page. … Now, specify the amount to be paid.More items…

What is UPI QR in Paytm?

Paytm has started testing white-labelled interoperable Unified Payments Interface (UPI) QR Code for merchants in Bengaluru and Hyderabad. … The UPI-based interoperable QR code will allow users to pay merchants by scanning any QR code.

How can I activate Paytm wallet without KYC?

Lastly, Paytm has also come up with a solution to make the transfer of cash from Paytm e-wallets even without the Aadhaar KYC verification. For this, the users will have to subscribe to UPI, by downloading the BHIM app and linking their bank accounts with Paytm via UPI and they are good to go.

How can I transfer money from Paytm wallet to another Paytm account?

Scan the recipient’s QR code or enter their mobile number in the ‘Pay’ option of your Paytm app. Enter the amount you want to transfer and tap on ‘Pay’. Your money will be instantly transferred from your Paytm Wallet to the recipient’s Wallet.

Why I Cannot send money through Paytm wallet?

In case, any one of the parties have not completed their KYC, the transaction would not happen. Despite having completed the KYC process, to send an amount higher than Rs. 10,000, you will need to add the receiver as a beneficiary through your Paytm app.

Can I send money from Paytm wallet to bank account?

In order to transfer money from your Paytm wallet to a bank account, you need the name, account number, and IFSC code of the bank account holder. However, there is a Rs. 20,000 limit on transactions (Rs. … if you need to transfer more than the limit, then you will need get in touch with Paytm to get your KYC done.

Is KYC mandatory for Paytm wallet?

A. Minimum KYC is required for using Wallet. Without minimum KYC it is still possible for you to use Paytm for UPI money transfer and make purchases using credit/debit cards and net-banking.

How much does Paytm charge for bank transfer?

While money transfers from one bank account to another are free of cost, there is a 5% convenience fee for transferring money from your Paytm wallet to a bank account. This convenience fee is levied to cover the costs incurred by Paytm at the time of adding money to your Paytm wallet.

How much does Paytm charge for UPI transfer?

Right now there are no charges associated with either setting up an account with Paytm UPI or using Paytm UPI for money transfer to any other bank account or payments to merchants. NPCI has indicated that it will charge Rs. 0.50 per transaction. Paytm is not charging the users right now.

How do you send money using QR codes?

How do I transfer money using QR CodeTo get started, open the app and tap on Cash-in.Tap on QR Code.Scan the receiving person’s QR Code.Enter the amount you want to send.You have successfully sent money!

What is UPI scan payment?

Bharat Interface for Money (BHIM) is a payment app that lets you make simple, easy and quick transactions using Unified Payments Interface (UPI). You can make direct bank payments to anyone on UPI using their UPI ID or scanning their QR with the BHIM app. You can also request money through the app from a UPI ID.

Can I transfer money from Paytm wallet to UPI?

How can I add money to the New Paytm Wallet? You can add money to the New Paytm Wallet using Debit card, Credit Card, Net Banking, UPI and can receive money from a Full KYC Wallet. You cannot add money to this wallet using cash.

Can we transfer money from Paytm to Google pay?

Open your Paytm app and follow the steps mentioned below to transfer money from Paytm to Google Pay account. Tap on UPI Money Transfer located on the top bar. Type the UPI ID of the recipient Google Pay account, which can be found on Google Pay app’s home screen, just below the account user’s name.