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What happens if you send money to a non Paytm number?
Wallet to wallet transfers are processed instantly and the amount is added to the receiver’s wallet immediately.
Can I transfer money from Paytm to non Paytm user?
At this time, we don’t allow the transfer of money to non-Paytm users. If you’d like to send money to friends, family, or peers, please ask them to sign up with us!
How can I refund my money from Paytm?
Instant refund is a three-step process:
- Step 1: Check eligibility of a transaction for an instant refund. The instant refund should only be provided for payments made via Debit Card, Netbanking, and UPI.
- Step 2: Getting refund destination details for a customer.
- Step 3: Initiate a refund.
Does Paytm show my name when I send money?
When you transfer your money using Paytm, we ensure your mobile number is only partially revealed to the recipient. Only the first two and the last four digits of your mobile number would appear in the recipient’s Paytm Passbook.
How can I receive money without giving a phone number?
Yes you can easily receive money from your receiver by making a Paytm merchant account and giving him your Paytm merchant payment link or QR code. Once the receiver click on your link or scan QR it will show only the name ( not the phone number ) you have set for your merchant.
What will happen if KYC is not submitted?
ARTICLES. The Reserve Bank of India (RBI) on Monday reiterated that until December 2021, banks cannot freeze accounts if the customer has not done a periodic KYC (know your customer) update. The RBI also said that it has made the process of KYC updation much simpler.
How much time it takes for refund from Paytm?
You can initiate partial or complete refunds to your customer’s source account. A refund request usually takes 7-14 business days to reflect in customer’s account depending on the bank used for payment.
How can I send money without revealing identity?
Venmo – semi-anonymous with wide availability (process the same as PayPal’s) Cash App – flexible and anonymous app if you’re willing to deal with the limits. Paying by cash – the most anonymous payment method. Third-party private payment services – many different types of services to choose from.
What are the common problems with Paytm?
However the most widely used feature of Paytm i.e. sending money to mobile number can also create a problem. Many times it might happen that accidentally you transfer money to wrong or unknown mobile number through Paytm app or website or you accidentally recharge incorrect mobile number.
How to recover deleted money from Paytm?
Contact the user of the mobile number (Call and SMS) – The immediate step to take is calling the user to whom you have transferred the money. If the call is not attended or the user is not responding, drop an SMS. Mention date, time, amount, your mobile number and take snapshot. Also mention that you can check your Paytm wallet.
How can I transfer money from Paytm to a mobile number?
Money can be transferred to a mobile number. No bank account details required while sending or receiving money. The deposit happens between the two wallets digitally. Although when transferring money from Paytm to your bank account, you will require account details. Frequent recharge, cashbacks, reward points etc.
Why can’t I receive money from my wallet transfer?
You will also not be able to receive money to your account if your monthly limit has exceeded However, if both you and the receiver have completed the end-to-end KYC process and are still unable to use wallet transfer services, please write to us with the details of the error received and we’ll have it checked for you.