A smart combination of credit cards with Paytm will also ensure your balance since you can pay your bills, order from Paytm online, and avail yourself of the best deals. This article will explain everything step by step about adding your credit card to the Paytm app.
Why add a credit card to Paytm?
There are many advantages to adding a credit card to your Paytm account:
Payment: Pay and easily use your credit card.
Benefits: Get credit card rewards or cashback on transactions on Paytm.
Bill Splitting: Manage your bill payment process and pay as you like on a payment cycle.
Payment Security: Coros through a secure payment gateway by Paytm.
Step by Step guide to adding a credit card in Paytm:
Step 1: Install and Update the Paytm App
Update the latest version of the Paytm app. Download from the Google Play Store or Apple App Store for an uninterrupted experience.
Step 2: Open your Paytm Account
- Head to the Paytm app on your phone.
- Login using your registered number and OTP.
Step 3: Move to the ‘Payment Methods’ Warhead
- Click on the profile Icon or Menu at the top left/right.
- Tap on Payment Settings or Saved Cards & Bank Accounts.
Step 4: Add a Credit Card
1. In the saved cards section, tap Add New Card or Add Credit/ Debit Card.
2. Input your credit card information:
Card Number: Enter the 16-digit card number.
Expiration Date: Choose the expiration month and year from the dropdown.
CVV Code: Insert CVV code (3 digits, on the back side of the card).
Step 5: Check your credit card
- The Verification may be needed with Paytm for linking cards.
- Your banks will send an OTP to your registered mobile number.
- Enter the OTP to validate the addition of your card.
Step 6: Store your card safely
- Once verified successfully, you can save the card for further use.
- Paytm encrypts your card information.
How to use the credit card after adding?
After you add a credit card:
- Recharges/ Pay bills: Mobile recharges and electricity bills etc.
- Shop Online: Make payment at Paytm Mall and other integration platforms.
- Based on: Watch for special cashback or discounts while using a credit card.
Common problems and Troubleshooting:
- Card not supported: Check that the card is legitimate and allow online purchases.
- OTP was not received: Verify your mobile number is registered with the bank or retry.
- Technical errors: Keep your Paytm app updated or check the internet.
Safety Tips for Adding a Credit Card
- Only use a secure Wi-FI connection when entering your credit card information.
- Keep your OTP or CVV private from others.
- Check your transactions regularly for any fraudulent transactions.
Conclusion:
As you will see, adding a credit card to Paytm is a simple process that gives you access to a lot of convenience and rewards. Following the steps above will easily allow you to connect your credit card and enjoy seamless digital payments. Keep in your guard and take advantage of Paytm’s secure platform for all your payments.
FAQs:
Ans: Paytm UPI can not be directly linked to a credit card. No options exist because UPI in India only works with bank accounts; no credit cards are supported to send/receive money through UPI. Still, you can make payments in Paytm using your credit card through other methods i.e. a wallet or card payment.
Ans: Generally, fees are not applicable for transactions such as payments at merchants via credit card UPI. However, according to the bank’s policy, some services banks provide may charge a fee. Note that the specific details will always vary by bank.
Ans: Making UPI transactions with a credit card is convenient but only sometimes a good idea. It is a flexible and rewarding way of paying it forward, but it comes with extra costs if the bills are unpaid (such as interest, or transaction fees)—the best way to use it for UPI payment is after evaluating costs and benefits.
Ans: That’s because you can load money from your credit card into your bank account associating with a balance transfer, transfer bank, or apps. But fees and interest may apply, so check your credit card provider for your terms and conditions.