In addition to charging phone numbers, paying utility bills like electricity and gas, and booking flight tickets, PayTM is a well-known digital payment app. Users can easily join PayTM by providing their debit or credit card information, but they can also link their bank account information for basic UPI transactions, which removes the need for them to enter their CVV and OTP each time they trade with PayTM. If you are wondering how to link your bank account to PayTM so you can benefit from UPI transactions in your app, we have a straightforward, step-by-step tutorial.
How to add your bank account to Paytm for UPI transactions
To begin using the digital payment service, users must first download the Paytm app to their phone from the Apple Store or Google Play Store. They must then register on the Paytm app after completing this. Using the same Paytm number as your bank account is advised. Axis Bank, ICICI Bank, Kotak Bank, HDFC Bank, PNB Bank, and SBI Bank are just a few of the major Indian banks that Paytm accepts. Unfortunately, we are unable to post screenshots of the procedure because to Paytm security. Users can add their bank account to their Paytm wallet by following the instructions below after completing the registration procedure.
- Launch the Paytm apps on the gadget. If you have not already, the app usually asks you to link your bank account via a pop-up window. Click the bank account link. option if the pop-up window shows up. Click Your Account > UPI in the top left corner of the hamburger menu that appears on the left side of the screen if the pop-up window does not show up.
- A list of your bank names will appear in a new dialog box. Choose a bank whose cellphone number is the same as the one used to register with Paytm.
- To confirm the bank and obtain the bank account information we linked, Paytm will send an SMS from your Paytm-registered mobile number after you choose a bank. Your phone will prompt you to select which of your two SIM cards to use for verification.
- Paytm will prompt you to either log in using the bank registration number again or replace the number you have on file with Paytm with another phone number connected to your bank account if your bank account is tied to a different number. Choose the option that appeals to you.
- To proceed with SMS verification, click Continue. You will receive a text message from Paytm informing you that the UPI registration process has started. You ought to get a notification verifying that your bank account has successfully linked to Paytm UPI after the verification and connection process is complete.
- A UPI ID will be generated for you by Paytm, and customers can manage this account by selecting Default Bank Account Options from the Hamburger menu on the left. From here, users can use the same procedure as before to add other bank accounts to their Paytm wallet.
