Hi guys this app very helpful for the using mobile wallet. Download this app from playstore on your smartphone. Create your account in paytm. For crating account required your mobile number and email id. If you want create the account tap the profile and select the resister and fill required details. Don’t share your password with anyone. It can be harmful for you. Their is no registration fee.
Add money to your accuont-
If you are Non -KYC customer you can add up to Rs. 20000 in a one month to your wallet. If you are KYC customer you can add money as long as your wallet balance does not exceed Rs. 100000 at any point in time.
You can add money easily from this app. Tap to add money and after then fillup some details like as credit/debit, Netbanking, IMPS or ATM card and enter the amount you want to add. Money will be add to your wallet.
Pay or send to anyone-
If you want to pay or send someone. Open the paytm app. Tap on pay or send icon and scan the code. You can mention the reason for sending money. This field is optional. Enter the amount and tap pay.
If you have sufficient balance in your paytm wallet money will be successful paid and conformation SMS will be sent to you and other which is pay you money.
If in your wallet does not have sufficient balance then the transaction will not be successful.
Details of transactions-
Tap the passbook icon where you can check all previous payments with the merchant, amount and order details with the passbook.
Transfer your amount to bank-
You can transfer your amount in bank up to Rs. 25000 in one month.
If you want to transfer your amount then tap passbook icon. Tap the send to bank option and fill required details and tap send. Your money will be transfered to the bank account.
If you send money to the bank account you give to charge. There is a convenience/processing fee. For Non KYC or KYC customer give 2% charges. You will be clearly shown these charge before the bank transfer is proceed.
Summary of the review-
1- Their is no registration fee.
2- All transaction from paytm to paytm are free.
3- For Non KYC customer add up to Rs. 20000 and KYC customer wallet balance does not exceed Rs. 100000.
4- In one month you can only Rs 25000 transfer to bank.