What is PayTM?

PayTM is an Indian digital platform that lets users transfer money to the integrated wallet from their credit/debit cards or online banking. They can even add funds via cash deposits at a variety of different banks and PayTM partners.

Who Uses PayTM?

There are over 450 million registered users of PayTM, with over 100 million of those users active every month. As India's largest stored value wallet, it lets users pay bills, top up mobile phones, pay for Uber rides, shop online and more.

How PayTM Works

Users can transfer money to other people using the app, scanning a QR code or via their phone number. To pay for goods online, consumers select the PayTM option at checkout and authenticate the transaction with a one-time password that PayTM sends to their mobile number.

User Experience

Step 1 - Open the paytm app.
Step 2 - Select the ‘Pay or Send’ option, and choose between QR code or bar codes.
Step 3 - Scan the code and enter the OTP to authorize the payment offline.

PayTM Details