Picture this: You’ve just had chai at your local tapri. When it’s time to pay him, you don’t reach out for your wallet. What you do instead is fish out your phone and Paytm him. This is pretty much an everyday thing for us. Isn’t it? In fact, replace the chaiwala with autowala or just about anyone, when it comes to paying, it’s always #PaytmKaro.
Ever since Paytm has entered our lives, it has changed the way we carry out our day to day transactions. From paying utility bills to recharging our phones, it’s Paytm all the way. It has nearly eliminated the need to carry around your wallet all the time. Paytm has revolutionised digital payments in India and if their latest offering is anything to go by, they have taken it to another level altogether.
Now Paytm lets you transfer money from your bank account to any other bank account for free. You simply need to link your bank account with Paytm, add beneficiary details, enter the amount you wish to transfer and boom! Money transfer successful. No KYC. No hidden charges. What’s more is that for bank to bank transfer, your Paytm wallet balance is immaterial. Can it get any simpler? So go ahead, ab #BankToBank bhi #PaytmKaro.
(At The Quint, we question everything. Play an active role in shaping our journalism by becoming a member today.)