In this article we will show you the solution of how to transfer money in Paytm wallet, Paytm wallet makes it simple to transfer money to friends, family, and other loved ones. Also, you can use it to purchase train tickets, recharge your phone, and pay other fees.

Use coupons and savings by using you Paytm wallet on online purchases.

A safe and RBI-approved digital wallet, Paytm wallet satisfies customers' financial demands.

Users of Paytm wallet can send money directly between banks from any location at any time.

The function offers a better method for making digital payments. Its expansion has been greatly aided by Paytm's Wallet.

People can transfer money to certain other Paytm wallets and directly to the bank accounts using this safe and secure method.

Also, a Paytm user can send money for free from their Paytm Wallet to their bank account.

You require the account holder's name, account number, and IFSC code in order to transfer funds from your Paytm wallet to their bank account.

If the KYC (Know Your Customer) process isn't finished, there is a limit on transactions of Rs. 20,000 (Rs. 50,000 for merchants).

You must contact Paytm to complete your KYC in order to send more than the allotted amount.

Step By Step Guide On How To Transfer Money In Paytm Wallet :-

1. Open the Paytm App.
2. Click the "Pay" button.
3. Choose "Mobile Number" by tapping it.
4. Enter the recipient's mobile number if you wish to send them money. By pressing the address book button right next to the mobile phone number field, you can also choose a mobile number form contacts saved your device.
5. Put the sum you want to put in here.
6. You can explain why you are sending the money. This field is not required.
7. Tap "Pay"
8. If you typed the recipient's mobile number correctly and have enough money on your Paytm wallet, the transaction will be completed.
9. You will be routed to a payment details page if there is insufficient balance, where you can top up your Paytm wallet before sending money.
10. When you send money to someone, they will receive an SMS, email, or push notification (should they have the Paytm app) letting them know you sent them money.

Conclusion :-

Users of Paytm have the choice to transfer funds form the Paytm wallet to your bank accounts or to other bank accounts that are not even affiliated with Paytm.

It's interesting that having your account information on hand will help you transfer money.

I hope this article on how to transfer money in Paytm wallet helps you and the steps and method mentioned above are easy to follow and implement.