How to Transfer Money From Paytm to PhonePe
Paytm and Phonepe are among the most popular digital payment services in India. They provide various services, from recharging mobile and DTH to making utility payments.
Both apps offer the ability to book train and bus tickets. However, Paytm is more helpful for this purpose.
How to transfer money from Paytm to phonepe?
Paytm is a popular e-wallet service in India that allows users to send and receive money to friends, family, and vendors. It uses the Unified Payments Interface (UPI) to facilitate these transactions.
UPI has revolutionized mobile payments, and today, you can use it to transfer money to anyone in your contact list or to a bank account via scanning QR codes. Now, Paytm is introducing a feature that lets you share money from your Paytm to phonepe without switching apps.
To use this feature, open the Paytm app and select ‘UPI Money Transfer’ from the navigation bar. Next, choose ‘To UPI Apps’ and enter the recipient’s UPI ID or mobile number.
After entering the UPI ID and amount, you’ll be presented with a pop-up message. Tap on ‘Proceed’ to complete the transaction. When the process is complete, you’ll see a ‘Transaction Succesful’ message on your screen. You’ll also get a reference number and transaction details.
How to transfer money from Paytm to a bank account?
If you are using Paytm Wallet, it is essential to keep it topped up. You can use your wallet balance to pay for products and services like online shopping, bill payments, local kirana stores, and bus tickets.
Moreover, your Wallet is an easy way to recharge your mobile, DTH, and fuel cylinder bills and buy gift vouchers. You can even set up ‘Automatic Add Money’ to keep your wallet topped up automatically.
You can transfer money from your Paytm Wallet to your bank account at zero charges. This handy feature allows you to send money directly to any recipient’s bank account at the click of a button.
However, there is a limit on how much you can transfer to your bank account. This amount depends on your KYC (Know Your Customer) status. Those who have completed KYC can transfer up to Rs 25,000 to their bank accounts.
How to transfer money from phonepe to Paytm?
PhonePe is a UPI (Unified Payment Interface) mobile payment app that allows users to transfer money from one account to another. It also offers a variety of other features like insurance buying, mobile recharges, and bill payments.
It is a free application available on Android and Apple platforms. It is a safe and secure way to send and receive money.
Unlike other applications, PhonePe is linked to your bank account and allows you to transfer money to any UPI ID with just a few clicks. This means you can make a single transaction that runs into tens of thousands without incurring extra charges!
PhonePe is one of the largest digital wallets in India. It is a payment platform based on the government-backed Unified Payment Interface (UPI) system. Millions of people use it to transfer funds from one bank account to another without requiring credit card details, IFSC codes or net banking passwords.
How to transfer money from Paytm to sbi account?
If you are a Paytm user and have cash in your Paytm wallet, then there may be some situations where you might want to transfer this money to phonepe. This can be done by following the instructions given below.
Alternatively, you can also use UPI to send money. This is a simple and fast way to make payments from one bank account to another.
To transfer money through UPI, select a contact from your phonebook, enter their mobile number, and specify the amount you want to share. Once you have entered your PIN, the payment will be made instantly.
In addition, you can also send money by scanning a UPI QR code. This will help you save time and money.