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How can you add a bank account in Paytm?

Paytm has a 14 percent market share of the digital payment space, according to a report from PhonePe and Boston Consulting Group (BCG).

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FP Trending|Sep 01, 2022, 10:08:12 IST
Digital payments are increasing in popularity across India. The Unified Payment Interface (UPI) has revolutionised digital payments in the country. Today, there are numerous digital payment platforms taking advantage of UPI. One of the most popular is Paytm.How can you add a bank account in Paytm?

Paytm allows users to add their bank account to the app using the UPI system and then make digital payments easily. Users can also add their debit and credit cards to the app for payment processing. The app prompts you to add a bank account when you first make an account but you can also add a bank account at a later date.Here’s how to add a bank account to your Paytm app.Step 1: Open the Paytm app.Step 2: Choose the UPI option from the top blue ribbon on the home page.Step 3: Here you will get the option to link a bank account to your UPI id and Paytm accountStep 4: Choose the ‘Link Bank Account’ optionStep 5: On the new page, select the bank whose account you want to linkStep 6: You can also let Paytm search for an account if there is any bank account associated with your mobile numberIf you already have one bank account connected to the app, you can add another bank account to the Paytm app.Step 1: Open the ‘Profile’ section on the appStep 2: Select the ‘Payment Settings’ option and then the ‘UPI & Linked Bank Accounts’ optionStep 3: Select the ‘Add New Bank Account’ option which opens the bank selection page once again.

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First Published:Sep 01, 2022, 10:08:12 IST
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