Many people trust Paytm for online transactions, including fast scan and pay UPI and other services. From recharging to shopping, bill payment can be done there. While RBI has banned some services of Paytm Payment Bank, if you’re a Paytm app user, you can still make UPI payments without any problem. Let us know what Paytm and Paytm Bank services will be available after the RBI order.
After February 29, if you have a Paytm Payments Bank account, you won’t be able to use it. The Reserve Bank of India (RBI) has granted users time until March 15 to withdraw their full deposit from the account. During this period, you won’t be able to use the Paytm Payment Bank wallet. You can convert Paytm cashback points into vouchers. Exchange 1500 Cashback Points for a 10 rupees Paytm Voucher. Let’s know the method step by step.
To transfer money from your Paytm wallet or bank, you can send it to other popular payment apps like PhonePe, Google Pay, or Amazon Pay. This allows you to easily send money to different payment apps from your Paytm account. If you want you can buy an Amazon, or Google Play gift card from Paytm and redeem it in the main app.
You can find multiple cashback options as gift vouchers on the Paytm app. However, keep in mind that these vouchers cannot be transferred elsewhere. Instead, you can use them for recharging your phone or paying bills such as electricity or TV bills.
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