What is the benefit of Paytm debit card?

Enjoy making highly secure contactless payments and get exclusive benefits. Paytm Payments Bank account comes with a Free Digital Debit Card so that you easily pay online anytime, anywhere. You can also withdraw cash from ATMs or pay at stores across India and abroad using Paytm Payments Bank physical Debit Card.

Is Paytm physical debit card free?

Your Debit Card in Your Mobile. Your Paytm Payments Bank Savings A/c comes with a free Digital Debit Card powered by RuPay.

Can we use Paytm debit card in any ATM?

This card can be used to withdraw cash from any ATM and to shop at any store across India. The withdrawal limits at ATM are Rs. 25,000 per transaction and per day, subject to limit set by other banks and the withdrawal limit at POS are Rs. 2,00,000 per transaction and per day.

Is it important to have debit card for Paytm?

Paytm is fast & safe, with Paytm you no need to carry debit or credit card.

Is Paytm debit card safe?

Money transfers through Wallet Payments or UPI Payments using Paytm guarantee safety. They are not only safe but also quick, convenient, and free of cost. All you need is to download the app and register yourself on Paytm for using the wallet.

Paytm Visa Debit Card Unboxing | Paytm Visa Debit Card Physical |Paytm Visa Debit card Apply Benefit

Does Paytm debit card have annual fee?

Description of charges Paytm First Card Annual fees An annual fee of ₹500 is charged at the end of the membership year. This fee is waived off on spends of Rs. 50,000 or more on your Card in a membership year. Cash advance fees 2.5% on the billed amount withdrawn*, subject to a minimum of `500.

How can I save my Paytm debit card?

Settings - Under My Payment Settings, tap on the Settings option from the list of options and open settings menu. 5. Add New Card - Following screen will show you the option to Add New Card to Paytm payment modes. Tap on the "Add New Card' option written in blue.

Can I use Paytm without KYC?

Is KYC required for money transfer on Paytm? No, KYC is not required for money transfer on Paytm. Users can perform bank transfers or UPI transactions on the Paytm app without getting their KYC done.

Can you add cash to Paytm?

Log into your Paytm account and click on 'Paytm Wallet' icon towards the top right of the page. Enter the amount you want to add and click on 'Add Money' You can choose to add money via Credit/Debit card, Net Banking or UPI. You will be redirected to a secure payment page where you need to provide payment details.

What is the monthly limit of Paytm bank?

ii. The amount loaded in such Wallets during any month shall not exceed Rs. 10,000 and the total amount loaded during the financial year shall not exceed Rs. 1,20,000.

Which card is better RuPay or Visa?

Card Type: RuPay card associate offers only the option of debit cards, whereas VISA offers debit as well credit cards. Safety and security: With regard to safety and security of transactions, both RuPay and VISA card associates are equally good.

How many times withdraw from Paytm ATM?

Note: You can do unlimited ATM withdrawals or transactions at Paytm Payments Bank ATMs and up to 5 free withdrawal limit on other bank ATMs.

How can I add money to my Paytm debit card?

Does Paytm charge for digital debit card?

All transactions of loading money into wallet via Credit Card will be charged up to 2.5% (inc. of GST).

Is Paytm bank safe?

The savings of existing users in their PPBL account, their fixed deposits with partnered banks and the balance maintained in their Paytm Wallet, FASTag or Wallet Card and UPI services are completely safe and functional.

What is the minimum balance in Paytm wallet?

No minimum balance requirement. All digital transactions are free. 2.5% Interest per annum on the money deposited in the Savings Account.

What is expiry date in Paytm?

Q. What happens if my minimum KYC expires? A. As per RBI guidelines, your minimum KYC will expire in 24 months unless you complete full KYC with in-person verification. After expiry, you will not be able to add money to your wallet or transfer the balance amount to your bank account.

Does Paytm charge for adding money from credit card?

From 15 January 2021, you are required to pay a fee of up to 2.65% (inclusive of GST) when you add money into your Paytm wallet using a credit card or a prepaid card. The fee has been levied to combat the high charges, Paytm is required to pay to your bank or payment network when you avail the service.

What is the benefit of KYC in Paytm?

Paytm is a safe and secure digital payment gateway and an RBI-approved application. Know Your Customer (KYC), on the other hand, is also an RBI-mandated guideline for cashless payment apps. KYC verifies the identity of the customers with an intent to eliminate the risk of fraudsters and fake identities.

How can I activate my Paytm Visa debit card?

Is RuPay debit card free?

RuPay Debit Card is issued free of cost to Jan Dhan Account holders under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) Scheme. - RuPay Debit Card is accepted at all the ATMs, almost all PoS terminals and e-Commerce merchants in the country.

Can I transfer 50000 through Paytm?

Yes, users can send up to Rs. 5,00,000 to the beneficiary via IMPS.

How can I increase my Paytm debit card limit?

Just go to Account Upgrade in Settings and submit your application. You can easily upgrade your monthly payment acceptance limit by submitting the business documents via the Paytm Dashboard.