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PAYTM Full Form- Thenextwired

Today, through this post, we will tell you what is Paytm and how it works. What is Paytm Full Form? Going to tell you who is its owner. Also how to add money here. Wherever you can use it for shopping. All this is also going to tell. So read the next post carefully!

PAYTM Full Form

Who made Paytm?

Mr. Vijay Shekhar Sharma started Paytm as Online Mobile Recharge Application. But in today’s time, it has transformed into a Payment Bank App.

what is the full form of Paytm?

The full form of Paytm is ‘Pay Through Mobiles’. Which means “to pay through mobile”. Today millions of people use Paytm in India. Through this, it has become quite easy to give and take money to each other. It was launched by One97 Communication Limited in 2010 in the month of August.

What is Paytm Wallet?

This is a Virtual E-Wallet. In which you can add money through Debit Card or Bank Account. And apart from doing online shopping, mobile recharge, DTH recharge with that money, you can also transfer money to another person’s Paytm Wallet. Cannot touch the money added to it. You can only pay through digital mediums.

How to use Paytm?

For this, you have to first install Paytm’s App on your smartphone. After that register with your mobile number. Then an OTP message will come on your number. Seeing this, get the number verified by filling it in the prescribed box. Then login to the account with the help of the number and password.

Now add money by clicking on Add Money. Then with this money, you can go to any online shopping site and pay it while buying the product. Apart from this, phone recharge, water bill, electricity bill, gas payment, apart from doing many other tasks.

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