After the successful market revenue and usage of Paytm wallet, they recently launched a Paytm Bank. A bank which run by the people and no one has to depend on anyone. Paytm bank account is provided for those completed KYC, PAN,email and mobile verification's. An unique bank account is provided for everyone and savings are stored digitally. So up-to now Paytm is used for digital transactions for requesting and accepting the money. Virtually the debit cards are provided for every eligible users to do online money transactions, but now Paytm steps forward and released the debit cards physically to the users.
Get Your Card
1. Download the latest update of Paytm application. Open the Paytm app and go to the Bank tab present in below.
2. Once you get there a digital debit card will popup hiding the details of your CVV and Card number. This is what you get physically by hand to use it anywhere. In order to book your card just click on the debit card or go down and click on "Debit and ATM Card" .
3. Now you can book your card easily. Click on "Request card" like shown in below.
4. Select your delivery address now where to card must be delivered. An important thing is Paytm is charging 120 INR for the debit card to deliver because of the manufacturing and delivery service charges.
5.Users have to pay the money to get the card. Don't worry about it because Paytm is charging less amount when compared to other banks as you have need to maintain 500 INR minimum balance or otherwise in-return banks are taking money from you. We don't have restrictions here so it seems like a best option.
6. Once you completed the payment Paytm will deliver the debit card in a week, based on your location. People in major cities of India will get the card in 4-5 working days.
Key Points
1. Users can withdraw money from now. Hope Paytm may provide cashback for these transaction, so it can improve their customer satisfaction.
2. Receive and Send money to anyone across India.
3. BHIM UPI is also linked to Paytm wallets for direct bank to bank account transfers. This will help the customers those who use different bank accounts. Luckily there are no transaction charges.
4. Money received through the Paytm wallet can be transferred to Paytm Bank account. Once you get the money in bank you can withdraw money from nearest ATM's.
5. This card can be used in ATM's with no additional chargers up to 3 times at metro areas and up to 5 times at non-metro areas . After that Rs 20 will be charged as transaction fee.
6. This card is acceptable in every store as it is powered by Rupay. Shop anywhere and with withdraw from anywhere in India.
Note
Paytm Debit Card is valid only in India. Don't share your CVV and other details of card to anyone.
oh that's awesome
ReplyDelete