Paytm pioneered mobile payments in India – here’s what makes Paytm UPI consumers’ top choice
It’s no secret that UPI apps are one of the most popular ways of transacting in our lives these days. A seemingly new technology that has taken center stage over traditional forms of money transfer such as checks and wire transfers, UPI’s fast and hassle-free money transfer system has made it easier than never the settlement of monetary dues for almost anyone who uses a smartphone.
Choosing the Best UPI App
Although there is no doubt about its effectiveness, one of the questions that often comes up in conversations is which application is best suited for UPI transactions. Keep in mind that there are different factors to consider before deciding which app offers the best deal. These factors include highlights such as an easy-to-use interface, remedies for fraud, and a convenient account statement to track transactions, among others.
Not all digital apps offer all of these services, but there is one app that does it all and is a clear favorite when it comes to making UPI transactions – Payment. Here’s why you should consider using Paytm for all your UPI needs.
Why Paytm is the Best UPI App
1 – Better security
Security is the first thing that comes to mind when transferring money to someone digitally. Paytm has taken the lead in this aspect by creating a secure UPI app with all UPI payments secured by 2-factor authentication – your Paytm login password and your bank’s secure UPI PIN. Also remember never to share your OTP or password with any unknown person or unidentified caller.
Here is a quick way to configure your UPI bank with the Payment app:
You can get started by downloading the Paytm app and verifying your mobile number via SMS. Next, select your bank from the list presented to you and ensure that the mobile number registered with your bank is the same as the one you entered earlier. To set up your UPI PIN for the first time, you’ll also need to keep your debit card details handy. Once your PIN is set, you can start using UPI on Payment app.
2 – The greatest ease of use
To transfer money via UPI on the Payment app, you don’t need to add the beneficiary’s bank details and wait for the bank’s approval to add a beneficiary. All you have to do is enter the recipient’s mobile number to instantly transfer money between accounts. Unlike other online money transfer methods such as IMPS, NEFT, etc., the UPI function of the Paytm app saves a lot of time and effort of entering various details about the recipient, this which makes UPI money transfer simple, fast and hassle-free. free process.
Additionally, you can also use the UPI autopay feature to automatically pay monthly bills, cutting down on an extra item you need to track each month. If that’s not convenient, we don’t know what is!
3 – Better customer support
Unlike some other apps, with every Paytm UPI transaction, you get a referral ID that can be used to troubleshoot any issues with its 24/7 customer support. Alternatively, you can also call 0120-4456-456 to resolve your questions with Paytm customer support. This is a huge relief in case of fraudulent or erroneous transactions made by mistake.
You can make direct transfers to the bank accounts of your friends and family members instantly using only their contact number. You can also recharge your mobile and buy subscriptions through the Paytm UPI service. Paytm UPI has the best success rate in the industry, making it an even more attractive choice for UPI transactions.
Additionally, you can perform UPI transactions on Paytm without your KYC being done as well. Not to mention that Paytm UPI transactions are completely free from any kind of additional fees and costs.
4 – The most value
Paytm, is the pioneer of QR and mobile payments, and you can use the Paytm app to make payments at stores/merchants by simply entering their contact numbers or scanning their QR codes. With Paytm, you can scan QR codes from all UPI service providers, not just Paytm, making it an even more attractive offer to use the app. The app also lets you earn cashback and various coupons on every UPI payment, making it a win-win proposition for you.
Paytm allows you to transact with an upper limit of INR 1 lakh on the total amount spent in a day so you can take care of large or small transactions as per your need. You can use the facility to pay home utility bills, credit card bills, EMI loans, and more. Just make sure you never share your UPI PIN with anyone to avoid suspicious activity on your account.
Top-class security coupled with a bunch of useful benefits and features makes Payment app the best option when it comes to UPI transactions. Simply enter the recipient’s contact number and access a whole new way to pay bills, rent, shopping and money transfer services using the UPI feature on the Paytm app. It’s time to improve your UPI experience with #PaytmKaro.
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