How To Get Money Using Debit Card
A debit card is basically an extension of a banking company account which lets people transfer funds using the online mediums. Debit cards can be used for not but 1, but multiple purposes including online coin transfers, online e-commerce transactions, etc.
Paytm mobile application allows users to transfer money online using a debit card. Thinking about how? This web log has all your answers, so read on!
Transfer Money Online Using a Debit Bill of fare on Paytm via UPI
Follow these steps to learn how you lot can transfer money online using a debit card on the Paytm mobile application-
- Open the Paytm mobile awarding and click on the 'To Banking concern A/c' option nether the 'Send Coin' section
- Next, click on 'Enter Bank A/c Details'
- Out of the given options, select the depository financial institution account linked with your registered mobile number as your Paytm number
- At present, enter your bank account details such as account number and IFSC anad set your MPIN, which will work equally an authentication code for yous to process transactions. One time your MPIN is prepare, your Virtual Payment Accost (VPA) will be created, which can be used for further transactions on the Paytm app
- On the next screen that appears, enter the corporeality that y'all wish to transfer. You lot can as well add a 'message' for the receiver on the Paytm app
- Upon successful verification or the details, the entered amount will be deducted from your banking company account and will be transferred to another business relationship
Transfer Money Online Using a Debit Carte du jour on Paytm via Wallet
Alternatively, you can likewise apply Paytm's wallet to transfer money online using a debit bill of fare. All you lot need to do is use your debit carte details to add money to your wallet and simply transfer the funds to another depository financial institution/UPI account every bit and when you require.
The following steps explain how yous tin add money to your Paytm wallet using your debit card-
- Log in to the Paytm app using your credentials
- Go the ' Paytm Wallet' section on the home screen of your app
- Enter the corporeality that you lot wish to add from your debit bill of fare to your wallet and click on 'Proceed to Add together'
- Select the debit card from which you wish to add money from the listing of options available
- An OTP volition exist sent to your registered mobile number for the purpose of hallmark
- Enter the OTP to confirm the transaction
- Upon successful payment from your debit card, the amount will be added to your Paytm wallet
- Y'all can utilize this amount to send money to any other bank account, UPI ID, or the similar
Why Use Paytm to Transfer Money Online Using a Debit Carte du jour?
Paytm is a mobile payments application that supports various coin transfer services. Whether you wish to utilize UPI, NEFT, RTGS, or IMPS – Paytm has it all. Moreover, Paytm does not involve whatsoever charges for conveying out transactions. Here are some of the reasons why you should use Paytm to transfer money online using a debit card-
- Paytm is an easy, simple-to-use application
- You can comport out a UPI transaction on Paytm using either QR code, UPI ID, by entering the IFSC code
- Paytm follows all the rules and regulations as laid down by the Reserve Bank of India; hence, it is a completely safe and secure platform
- The Paytm application offers 24*seven customer back up service in case of any queries or questions
- There is a UPI transaction limit per 24-hour interval of Rs. 1 lakh on the Paytm application
- There are no UPI transaction charges on the Paytm application
- Simplified, hassle-free online payments
- Safe and secure mode of coin transfer
- Allows you to make payments towards your bills, shop on e-commerce websites, etc.
- Lets you brand payments by scanning QR codes at your nearby departmental stores, chemist shops, etc.
- Regularly paying through UPI too helps you earn discount vouchers, cash back, and other rewards
To Conclude:
UPI and wallet transfers are ii of the most common and useful ways to transfer money online using a debit card. You can conduct out both these types of transactions on the Paytm mobile app.
FAQs
How can I transfer coin online using a debit card?
UPI and wallet transfers are 2 of the most mutual and useful ways to transfer coin online using a debit card. You tin comport out both these types of transactions on the Paytm mobile app.
Can I use Paytm wallet to transfer money using a debit card?
Yes, you can easily utilise Paytm wallet to transfer money using a debit card. All you demand to do is 'Add money' to your Paytm wallet through your debit card and make the transfer equally and when y'all require.
How is UPI helpful to transfer money online using a debit card?
UPI is i of the nigh convenient and safest ways to transfer coin online using a debit card. It takes merely a few minutes of your time to brand the transfer and involves quite a uncomplicated and hassle costless process.
What are the advantages of using Paytm for online money transfer?
Paytm offers the post-obit advantages for online money transfer-
- Paytm is an easy, unproblematic-to-use application
- You lot can carry out a transaction on Paytm using either QR code, UPI ID, by inbound the IFSC code
- Paytm follows all the rules and regulations as laid down by the Reserve Bank of India; hence, it is a completely safe and secure platform
- The Paytm awarding offers 24*vii client support service in case of any queries or questions
- Simplified, hassle-costless online payments
- Safe and secure mode of money transfer
- Allows yous to make payments towards your bills, store on eastward-commerce websites, etc.
- Lets you lot brand payments by scanning QR codes at your nearby departmental stores, chemist shops, etc.
- Regularly paying through UPI also helps you earn discount vouchers, cash back, and other rewards
Source: https://paytm.com/blog/money-transfer/transfer-money-online-using-a-debit-card/
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