How to Add a Credit Card in Paytm
Add A Credit Card in Paytm is an all-purpose digital wallet with features ranging from transferring cash to settling utility bills- all this from one app. One of the most convenient features that makes Paytm super convenient is the option of adding and storing information for your credit card, thereby making a payment much easier.
In this article, we will guide you through how to add a credit card in Paytm, remove cards when needed, and understand the benefits of using your credit card for Paytm transactions.
Why to Add a Credit Card In Paytm?
Before jumping into the steps of adding a credit card in Paytm, let’s explore the reasons behind its utility:
- Convenience: Add a credit card in Paytm means you don’t have to enter the details every time you make a transaction. This saves much time and can process transactions very quickly.
- Security: Paytm makes use of very robust encryption methods that keep your personal and financial information extremely safe. When linking your card, you can trust that your data is secure.
- Rewards and Offers: Various credit cards provide cashbacks, points, or rewards on digital transactions. You can avail these facilities on a daily purchase or bill payment by just adding your card to Paytm.
- Want to explore how to make the most out of your credit card on similar platforms? Check out our guide on how to pay with credit card on PhonePe.
Step-by-Step Guide to Adding a Credit Card in Paytm
Link a credit card to your Paytm account with these very simple steps
Step 1: Open the Paytm App
Open the Paytm App from your smartphone. By ensuring that you have the Paytm app installed on your smartphone, open it to log in using the registered mobile number or email ID.
Step 2: Navigate to Your Profile
Log in, then tap your profile photo or icon in the top-left hand corner of your screen. It will then open your profile section that the app terms as where you can find and edit settings for your account.
Step 3: Select Payment Settings
Scroll through the list under your profile section to ‘Payment Settings’. It is from this section that you might manage linked cards and your payments.
Step 4: Add a credit Card In Paytm
Under the ‘Payment Settings’ section, you will be able to find the ‘Saved Cards’. Go ahead and click on it. Now move to the page that is open and select ‘Add New Card’. It is here that you are able to fill in your new credit card details.
Step 5: Enter Your Credit Card Information
Now you will get a prompt to enter your credit card details. Enter the number of your card, date of expiration, CVV, and the name printed on your card. Double-check whether every detail is correct to ensure there will be no error in verification.
Step 6: Paytm’s Verification Process
After you have filled in all the details required, Paytm will do a verification of your credit card. It will charge Rs. 1 to your credit card for this purpose. This is carried out in order to verify whether the card is actually valid or not. The amount will be refunded to your card after 48 hours.
Step 7: Save the Card for Future Use
You also have the choice on that same page to save your card for easy use in future payments. Clicking will allow Paytm to save your card details, and you won’t have to remember all your card details for subsequent transactions. However, you still have to key in the CVV of any new transaction, for security purposes.
Step 8: Complete the Process
After processing and getting successfully refunded with an amount of Re. 1, your credit card will get added into your Paytm account. Confirmation message will be sent to you and your card will be visible under the ‘Saved Cards’ in ‘Payment Settings’.
How to Add Money to Paytm Using a Credit Card
One of the top reasons to add a credit card in Paytm is to top up your Paytm wallet. Here’s how you can do so:
Step 1: Open the Paytm App
Open the Paytm app, and log in with your credentials if you haven’t done so already.
Step 2: Select ‘Add Money’
From the home screen, search and tap the ‘Add Money’ option. This is the spot where you can add money to your Paytm wallet using various methods via linked credit card.
Step 3: Choose Credit Card as Payment Method
The ‘Add Money’ option will take you to a page with a field requesting you to select a method of payment. You would see a list of the available methods of payment. Then select ‘Credit Card.’
Step 4: Enter the Amount
Enter the amount that you would like to credit to your Paytm wallet. Be sure of the minimum amount necessitated for completing this transaction.
Step 5: Complete the Transaction
After you insert the amount you want and choose your credit card, you are redirected to a secure payment page. In the next step of payment processing, you have to input the CVV of the saved card for processing. Once the transaction is confirmed, the amount will reflect directly in your Paytm wallet, and a message will be sent across.
How to Remove a Credit Card from Paytm
Sometimes you may be asked to remove a credit card from your Paytm account for security purposes or simply because you no longer use that particular card. Here’s how you can delete it:
Step 1: Go to Payment Settings
Open the Paytm app, and head to your profile by clicking on your profile photo to open ‘Payment Settings’.
Step 2: Access Saved Cards
In ‘Payment Settings’, tap on ‘Saved Cards’. You will find the list of all credit and debit cards connected to your Paytm.
Step 3: Remove the Card
Swipe to the left to tap on the card which you want to delete from the Paytm account. When you swipe you will get a red coloured ‘Delete’ option. Tap on ‘Delete’ to proceed further towards permanently deleting the card from the account of your Paytm.
Step 4: Confirm Deletion
It will ask you to confirm the removal of the card. After confirmation, the card information will be deleted from your account.
Benefits of add a Credit Card in Paytm
Here are some of the major benefits of adding your credit card to Paytm:
- Time-Saving Transaction: Once you add credit card in Paytm, you won’t need to re-enter card details for every transaction, streamlining the process significantly.
- Many credit cards have rewards in the form of cash back or reward points on online payments; you can earn these rewards through Paytm.
- Safe transactions: With PCI-DSS certification and encrypted transactions, the data relating to your credit card is securely used by Paytm.
- Another great reason to add a credit card in Paytm is the opportunity to earn cashback, reward points, or offers that come with many credit cards during online payments.
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Conclusion
Paytm is also a hassle-free way to add a credit card in Paytm account for greater comfort, security, and flexibility. Adding your card is a boon while it’s time to pay your bills, shop at online stores, or transfer money. The whole process becomes convenient, and transactions are safe with the addition of linking your card. With these steps, you can easily add a credit card in Paytm and manage your credit cards at Paytm with confidence in the benefits.
Always check the latest guidelines from your bank or the Reserve Bank of India (RBI) regarding credit card policies
