Paytm App Review

Table of Contents

What Is Paytm App?

Paytm, owned by One97 Communications, is a digital payments platform that allows you to transfer cash into the integrated wallet via online banking, debit cards, and credit cards, or even by depositing cash via select banks and partners. Using the money in the Paytm wallet, users can pay for several goods without using cash.

Among the transactions, users can make on Paytm are recharges for mobile phones, metro cards, DTH cable, data cards, etc, as well as postpaid payments for mobile phones, landline/ broadband, electricity, water, and gas bills, etc.

Users can also book tickets for buses, trains, flights, movies, hotel rooms, etc., and pay for Uber cab rides using the platform. Additionally, they can buy goods on the company’s e-commerce platform using the wallet, and even make offline payments at over 8 lakh merchants, Paytm claims.

Main Highlights

To buy goods and avail of services online & offline, use Paytm wallet.
Wallets can be recharged via net banking and debit & credit cards.
Paytm Wallet can have up to Rs. 10,000; do KYC for a higher limit.
Paytm is an RBI approved wallet.
Paytm uses Verisign-certified 128-bit encryption technology.

Features Of Paytm App

Fund Transfer.
Merchant Payment.
Mobile & DTH recharge.
Safe, Secure & Contactless Payments at Offline Stores.
Financial Investment.
Buy & Sell Digital Gold.
Book Hotels & Tickets for Trains, Bus, Flights.
Entertainment: Movies, Amusement Parks & Events Tickets.
Payment Bank.
Paytm History.

Why Choose Paytm App?

Paytm users can add money to their Paytm Wallets in a few easy clicks. Tap on the ‘Add Money’ option on the Paytm app home screen, enter the amount, and pay using Debit/Credit Cards or Net Banking. Download the Paytm app for the bank to bank money transfer via BHIM UPI & instantly pay at shops. online websites/apps like IRCTC, Flipkart, Uber, Zomato, and Swiggy.

Use Paytm for mobile recharge, Fastag recharge, DTH recharge, Movie Tickets, Postpaid bill payment, Utility bill payment such as Water, Gas & Electricity bill payment as well as Landline, Broadband & insurance payments. Invest in Mutual Funds, Digital gold & NPS, avail insurance, check free CIBIL credit score & get instant cash via Paytm postpaid. Make IRCTC train booking, book flights, & buses in just a few taps.

Paytm customers can pay, receive, and shop with just a smartphone at zero extra cost. Users can simply scan the recipient’s QR code or entering their mobile number in the ‘Pay’ option in the Paytm app to instantly pay virtually anyone with a smartphone and the Paytm app. Money stored in the Paytm Wallet can be taken to a bank account.