How to Create Paytm New Account

How to Create Paytm New Account

How to Create Paytm New Account: Here I have shown you the exact step by step guide for creating a Paytm  new account and Paytm wallet. This guide will be helpful to you when you will be signing up for your Paytm account.

Paytm is one of the biggest online free mobile recharge providers in India. Started in the year 2010 they have grown enormous now.  These days they are expanding their business very fast, recently Paytm entered into the e-commerce market in India.

These days as we know, mobile has become part of our fast track life. If you are thinking about speeding up utility payments, quick shopping, then Paytm mobile wallet would help you. There are more than 100 million users using Paytm mobile wallet which is approved by RBI. 

So you might be thinking, what is this Paytm mobile Wallet all about? What are the benefits of Paytm mobile Wallet? How safe is this Paytm mobile Wallet for online payment transactions? So lets start with what is Paytm  and Paytm wallet.

What is Paytm?

Paytm, is a digital payments platform that allows you to transfer money into the wallet through online banking, debit cards, and credit cards, or even by depositing cash via select banks and partners. Using the money in the Paytm wallet, you can pay for a number of goods without using cash.

Paytm is an acronym for “Pay Through Mobile” with website and Android, Windows and iOS apps. Paytm was founded by Vijay Shekhar Sharma under his company One97 Communications in 2010 as a prepaid mobile recharge website.  

What can you do using Paytm account?

The transactions you can do using Paytm are

-Recharge  prepaid mobile phones, metro cards, DTH cable, data cards
-Make payments  for postpaid mobile phones,landline/ broadband, electricity, water and gas bills, etc.
-Book tickets for buses, trains, flights, movies, hotel rooms, etc.
-Pay for cab rides .
-You can buy goods on the Paytm’s e-commerce platform
-Paytm also allows you to send money to other people’s Paytm wallets or to bank accounts

How to use Paytm?

All you have to do is register using your mobile number and email ID to create an account on the web site or app and start using it.

-Register and verify account. You can register using your Mobile Number and Email Id.
-Add Money to Paytm Wallet, from your netbanking account, debit card, or credit card.
-Pay using Paytm Wallet.

What is Paytm Wallet?

Paytm Wallet, is the digital account on Paytm where you can transfer money from your bank account or credit card to use for transactions on the platform. Once you open a Paytm account with your email Id, Mobile number, you can transfer cash to the wallet up to Rs. 10,000 in a month in the Wallet.

You can  also increase the monthly limit, to 1 lakh in Paytm Wallet by getting the KYC (Know Your Customer) done.   

What are the benefits of Paytm Mobile Wallet?

-It is quick, simple to download and register. Mobile App is free.
-Paytm offers quick re-charge and utility bill payments apart from shopping from paytm website or from other websites.
-You can get discounts while shopping.
-Paytm offers exciting coupons which can be redeemed while shopping. These coupons are delivered to your email ID when you re-charge your paytm mobile Wallet.
-If you have promo code, you can enter and avail discounts and cashbacks.
-In case of refunds, such refund amount is credited to your Paytm mobile Wallet where you can use  it later for other payments.

Is paytm wallet safe?

Paytm says that it works in accordance with PCI DSS which is a registered information security standard for companies that deal with branded credit cards from the major card schemes like Visa, MasterCard or American Express. It also claims that it never stores the CVV number of a credit or debit card to ensure the safety 

of card details. It also states that all financial transactions on Paytm are done with 128-bit encryption SSL security. They also engage in real time monitoring and transaction engine to weed out suspicious transactions and ensure the customer's money is always secure.

How to Set Up a Paytm Account

It’s very easy to create a Paytm account. But, I think many people will still find this guide helpful. Here I have given complete details about how to create a Paytm new account.  I have attached some screenshots which will help you to understand the entire process better. For creating a Paytm account, you have two options, either you can download the Paytm app, or you can go to their website.

Steps to create Paytm account via website:

1. Visit Paytm.com
2. Click on ‘Log In/Sign Up’ on the top-right corner of the page
3. Click on ‘Sign Up’
4. Enter your mobile number, email address and a password
5. Click on 'Create your Paytm Wallet'
6. Enter the OTP, your First Name, Last Name and click on 'Create your Paytm Wallet'
7. Your account will be created

Steps to create Paytm account via app:

1. Install Paytm app from Playstore
2. Launch your Paytm app
3. Tap on the Profile icon at the top right corner of the screen.
4. Tap on ‘Create a New Account’
5. Enter your mobile number, email address and a password.
6. Tap on 'Create a New Account'.
7. You will get an OTP on the mobile number you entered
8. Once you enter the OTP, click on ‘Submit’, and enter your First Name, Last Name and DOB
9. Tap on 'Create Account'
10. Your account will be created

Finally, you have successfully created your Paytm account thus you have successfully created your Paytm wallet. Hope you will have fun doing mobile recharge and online shopping from Paytm. I hope you like this article "How to Create Paytm New Account". Please fell free to share your feedback.
Also check: Recharge offers on Paytm , Paytm electricity bill payment offers