Paytm is India’s No.1 smart e-wallet with real-time banking services – It’s fast, safe gives cashback on recharge, bill payment, ticket booking & shopping on the merchant stores.
But it may charge you to transfer your own money from Paytm to the bank in need, or can take up to 7 days to refund your money for cancelled item at Paytm, You can lose your total Paytm cash if someone gets access to your mobile number & Paytm clearly mentioned that such money will not be covered.
Please read the complete list of advantage & disadvantage of using Paytm, otherwise, you may charge for some services or your money may steal due to phone loss or unauthorized access to the mobile number.
Paytm authenticate using mobile OTP, if someone gets access to your mobile, he can misuse your money easily, Paytm never refund such fraud money.
There are always some advantage & the disadvantage of any product or service in the market, but you have to identify the real value of it according to demand & smartness. Keep in mind the security & usage policy to make life easy & secure, please read the complete list of advantage & the disadvantage of using Paytm.
Keep in mind the security & usage policy to be safe from unusual charges or fraud & make life smart with such a smart wallet.
Other important facts about Paytm
Is it possible to Add money to the wallet and after getting Cashback to transfer it to bank account?.
Add money to Paytm wallet & transfer to the bank account - If you are adding money by thinking so, you may not get benefits, because you will be able to transfer money from wallet to bank but you might be charged 3% of the money being transferred. So you will not get any profit or loss.
Do you have an upgraded Paytm wallet? - Upgrade your Paytm wallet by submitting KYC to Paytm & increase your monthly limit up to 1 lakh monthly.
Is it possible to add money first to the wallet and then buy product or recharge on Paytm?
You can add money to Paytm wallet for fast, secure & easy payment option, you will also get cashback on shopping, recharge, bill payment & all other service using Paytm wallet money.
If you love for shopping on another website, it will be better to add money to the wallet first & then pay using Paytm wallet & keep Debit/Credit card safe.
Can I shop on Paytm and transfer Paytm wallet balance to the bank account?
Yes, you can easily transfer Paytm wallet balance to the bank account.
What are the different queries covered in this article?
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