How to use Paytm, (Paytm Karo)?

How to use Paytm, (Paytm Karo)

This is one of the People favorite application in this digital era.

Below is the detail explain about PAYTM (PAYTM Karo). It has successfully hit up the Indian market. Paytm(Paytm Karo)

Instruction are given below in

How to use the Paytm  wallet and transact cash –free, follow the step below :-

  1. Set up a paytm account using your mobile number and email ID.
  2. Add some money to your paytm wallet using netbanking ,  debit  card, or credit card.
  3. To transfer money to someone else , select the ‘pay or send ‘ option.
  4. Paytm wallet can be used to buy goods and avail services online & offline.
  5. Paytm wallet can be recharged via net banking  and debit & credit cards
  6. Your paytm wallet can have upto 10000; do KYC for higher limit.
  7. It is the paytm and it is easy to transfer the money easily
  8. It is easily use in mobile phone

Paytm’s growth  in India as a digital payment platform

 Paytm's (Paytm Karo) growth  in India as a digital payment platform

Paytm a digital payment platform was launch in 2010 by one 97 communication. It allows transferring money into its integrated wallet bu debit card, credit card and net banking. This wallet can be further used to make payments for recharge, bill payments and shopping (Unicorn 2016). In the last 6 years, it has evolved over and has become the first choice of  the users among all the existing payment platforms in India . It started by allowing the recharges for mobile phones , but soon it started providing payment options for other utilities such as metro card, Direct to home (DTH), data cards, electricity and water bills, flight and bus tickets. Additionally, it gives advantage of buying goods from its e- retail platform. After capturing the e- commerce too which allow small business owners to list their products on its website. Paytm(Paytm Karo)

Focused on making the transactions more secure.

Focused on making the transactions more secure. Paytm(Paytm Karo)

     Through there are various online payment platforms which give almost same facilities. However paytm has dominated the market with its high security features and quick user interface . In context of security, Paytm is Reserve Bank of India (RBI) approved wallet which is protected under Escrow account  with a reputed bank.

Furthermore, it uses versign-certified 128-bit encryption technology . This implies that the secret key used in transactions, above than 1 lakh more secure, it has tied up with India stack too. TO ensure great scalability for it has been authorized to implement India stack’s components like ensign and e KYC for identification and authentication (India Stack 2016).

It has focused in building a system robust as well as secure. TO build a robust system Paytm has increased its sever capacity almost twice. Now it can handle at least 5000 transcation per second (bhalla & Krishna 2016). It has also capabilities to the app. This will allow the user to reply on the merchant‘s smartphone by entering their card details to make a payment. Paytm(Paytm Karo)

Major investors in paytm

The major investors in Paytm include:

  1. Ant finical known as Alipay,
  2. Alibaba groups,
  3. SAIF partners,
  4. Silicon valley Bank and
  5. Sapphire venture (Bailay &Chakravarty 2015)
  6. In March 2015, Patytm received an investment of US$ 575 million from Alibaba group a famous chienese e- commerce company. Similarly Indian industrialist Ratan Tata too made a huge personal investment in it.

Market reach and future investments

arket reach and future investments

Paytm is planning to disburse small loans to 500 million of the population by 2020 in its marketplace. It has been also seen that last years it has captured 26%, National Electronic Fund transfer (NEFT) at 25% and Unified payment interface (UPI) at 9%.

Shifu known for consumer behaviour prediction platform and near in have been acquired by paytm and near in has been undertaken to strengthen up its online to offline platform

For the coming year it has planned to add some new features and services, to have around 5 million merchant to make and accept digital payment in its platform. It is also planning to make the sales and distribution companies to integrate in it.

Benefits of using paytm wallet

Benefits of using paytm wallet
  1. It is fast &safe
  2. No need to carry debit or credit card means fewer chances for being fraud
  3. Easily return money to the same bank when you needs ,
  4. Transfer money from paytm to bank account as low as 2.04%
  5. Get cashback on most of the store using paytm wallet ( but it’s promotional, can be removed such offer any time),
  6. Less documentation at your home to Upgrade paytm wallet limit (now available for all cities)
  7. Good wallet limit for KYC customer (25k) & Non-KYC customer (20k) both.
  8. Easy & authomatical refund to paytm wallet in case of product cancellation at partners store.
  9. Transfer money to the bank at any time at nominal charges (currently 2.04%). Paytm(Paytm Karo)

To use paytm in smart phone

To use paytm in smart phone
  1. To begin with these services, users must already be registered with paytm.
  2. Registered users can then call on the toll- free number – 1800 1800 1234 to receive a  call back from the paytm team asking the user to set up a 4 digit pin for their account.
  3. The call then precedes to ask if the user needs to make any transaction right away.
  4. For any future transactions, users can simply call on the toll-free number, enter the number in which funds are to be transferred and enter the amount to be transferred followed by their four – digit PIN.
  5. Most of the existing paytm user might not be too excited about this feature, reason being the regular internet availability with which they already used the paytm services.
  6. Yet there is no doubt that paytm will be able to Acquire a whole new market segment with this new feature.
  7. Any feature phone user and people not accustomed to using digital platforms for transactions will find this service to be a relief.
  8. It is surprising to note the rate at which patym is expanding its list of services after demonetization and aiding people in coming up with the drastic change.

Thank you for going through this blog. For more updates, you can comment and also subscribe to our website, This was all about Paytm(Paytm Karo).

39 thoughts on “How to use Paytm, (Paytm Karo)?

  1. I just want to say I am just newbie to blogging and site-building and absolutely loved your blog. Very likely I’m want to bookmark your blog . You really come with fabulous articles and reviews. Bless you for sharing with us your blog site.

  2. I like what you guys are up also. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my site :).

  3. I really enjoy examining on this web site , it has excellent articles . “We find comfort among those who agree with us–growth among those who don’t.” by Frank A. Clark.

  4. I simply had to thank you very much again. I do not know the things I would’ve taken care of without the actual strategies shown by you over this theme. Entirely was a terrifying circumstance in my circumstances, but seeing this specialised style you handled that made me to weep with gladness. Now i’m happy for your help and thus expect you find out what a powerful job you are always providing training most people using your webpage. Probably you’ve never got to know all of us.

  5. Magnificent goods from you, man. I’ve understand your stuff previous to and you are just extremely fantastic. I actually like what you’ve acquired here, really like what you’re saying and the way in which you say it. You make it enjoyable and you still care for to keep it smart. I cant wait to read much more from you. This is actually a great web site.

  6. Hello, Neat post. There’s an issue with your website in web explorer, may check this… IE nonetheless is the market leader and a large component to folks will omit your great writing because of this problem.

  7. I actually wanted to send a quick message to appreciate you for the marvelous secrets you are giving out on this website. My time intensive internet lookup has finally been recognized with excellent know-how to go over with my contacts. I would admit that we site visitors are very fortunate to be in a wonderful website with many lovely professionals with beneficial tactics. I feel pretty fortunate to have encountered your website page and look forward to so many more thrilling times reading here. Thanks again for all the details.

  8. Some really wonderful content on this website, appreciate it for contribution. “It is not often that someone comes along who is a true friend and a good writer.” by E. B. White.

  9. Attractive section of content. I just stumbled upon your weblog and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Anyway I’ll be subscribing to your feeds and even I achievement you access consistently rapidly.

  10. What i don’t understood is in reality how you’re no longer really a lot more neatly-preferred than you might be right now. You’re so intelligent. You understand thus significantly with regards to this matter, produced me in my opinion believe it from a lot of numerous angles. Its like men and women aren’t interested unless it is something to do with Girl gaga! Your individual stuffs great. Always handle it up!

  11. hello!,I really like your writing very so much! percentage we keep in touch more approximately your article on AOL? I need a specialist in this space to resolve my problem. Maybe that is you! Taking a look forward to see you.

  12. I like the helpful info you provide in your articles. I will bookmark your weblog and check again here regularly. I’m quite certain I’ll learn plenty of new stuff right here! Good luck for the next!

  13. I just could not go away your website prior to suggesting that I extremely loved the usual info a person supply on your visitors? Is going to be back regularly in order to investigate cross-check new posts.

  14. My brother suggested I might like this website. He was totally right. This post truly made my day. You cann’t imagine just how much time I had spent for this information! Thanks!

  15. Hey There. I found your blog using msn. This is a really well written article. I’ll make sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll definitely comeback.

  16. I simply couldn’t depart your website prior to suggesting that I extremely loved the standard info a person supply on your visitors? Is gonna be back steadily in order to investigate cross-check new posts.

  17. I just could not go away your website before suggesting that I really enjoyed the usual info an individual supply in your visitors? Is gonna be back ceaselessly in order to check out new posts.

  18. Excellent read, I just passed this onto a friend who was doing some research on that. And he just bought me lunch because I found it for him smile Therefore let me rephrase that: Thank you for lunch! “The capacity to care is what gives life its most deepest significance.” by Pablo Casals.

  19. My husband and i felt happy Edward could complete his researching from the precious recommendations he made out of your blog. It’s not at all simplistic to simply continually be giving out instructions which most people could have been making money from. And now we realize we need you to give thanks to for this. The entire explanations you made, the straightforward website menu, the friendships you will aid to promote – it’s got most unbelievable, and it is assisting our son and us reason why the content is brilliant, and that’s incredibly important. Many thanks for all the pieces!

  20. I really enjoy examining on this site, it has fantastic content . “We find comfort among those who agree with us–growth among those who don’t.” by Frank A. Clark.

  21. You could certainly see your enthusiasm within the paintings you write. The sector hopes for more passionate writers such as you who are not afraid to say how they believe. Always follow your heart. “In America, through pressure of conformity, there is freedom of choice, but nothing to choose from.” by Peter Ustinov.

  22. Thank you a lot for giving everyone a very terrific chance to read critical reviews from this site. It’s usually so excellent and packed with amusement for me and my office fellow workers to visit your blog minimum thrice in 7 days to study the fresh things you have got. And of course, I’m so actually amazed with all the fabulous creative concepts you serve. Some 1 tips in this article are clearly the best we’ve ever had.

  23. Hi there very cool web site!! Guy .. Excellent .. Amazing .. I will bookmark your site and take the feeds also…I’m happy to find numerous useful info here in the post, we’d like work out more strategies on this regard, thank you for sharing.

  24. My brother suggested I might like this blog. He was totally right. This post actually made my day. You can not imagine just how much time I had spent for this information! Thanks!

Leave a Reply

Your email address will not be published. Required fields are marked *