Finance

How to Activate Paytm Wallet

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  • On App: Verify phone numberLink the bank accountAdd proofsActivate

Paytm is an Indian-based digital service and financial service company. You can transfer money instantly using the Paytm wallet. Paytm wallet is nothing but a digital wallet that can be used for all types of digital transactions. Using the Paytm wallet for transactions will imply zero charges on the transaction. You can add up to ₹10,000 to your Paytm wallet per month. You can activate the Paytm wallet within a few minutes and don’t need a bank account. The wallet is useful for all basic transactions and online payments such as mobile recharge, utility bill payment, shopping, booking tickets, etc.

To use the Paytm wallet effectively, you should activate KYC (Know Your Client). It is recommended to enable maximum KYC for exploring all the features available on the Paytm wallet. If not, try enabling at least the minimum KYC to use the wallet with limited features.

Steps to Activate Paytm Wallet

You can activate Paytm Wallet only on the app. But, you can access Paytm Wallet on the web by signing in.

1. Install the Paytm app on your device from the Play Store or App Store.

2. Launch the app. You need to enter your phone number and verify that using an OTP.

3. Next, if you want to add your bank account, you can proceed with the step. If not, you can skip the process by clicking Skip on the top right.

You can link bank account or else skip the process on Paytm

4. Look for the Paytm Wallet icon on the home page and tap on it.

Tap on Paytm wallet to activate it

5. You need to enter the information related to your Government ID proofs listed on the screen.

Choose either of the ID proofs to activate Paytm wallet

6. Tap the checkbox by agreeing to the Terms & Conditions and click Activate My Wallet.

Click Activate My Wallet on Paytm

You have successfully activated the Paytm Wallet on your smartphone.

If you have trouble activating your Paytm wallet, update the Paytm app to the latest version and try again. For technical assistance, you can contact Paytm customer support.

FAQ

1. How to activate an inactive Paytm Wallet?

First, update your Paytm app to the latest version, activate it, or head to the Paytm Payments Bank official website and submit a request to reactivate your Paytm Wallet. Also, Ensure that you have enabled at least the minimum KYC option before accessing your Paytm Wallet.

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