Hey folks! Welcome to Techno Geek Zone. Today I’ll be sharing one method of transferring your Paytm Gift Voucher money to bank account. Paytm recently Paytm stopped adding funds to Paytm wallet using the credit card. When added It will go on the gift voucher. Paytm gift vouchers balance cannot be transferred to any bank or any other Paytm user but here is an alternate method for you if you have accidentally added money to your Gift voucher balance while trying to add fund to your Paytm Wallet using a Credit Card.
The best thing about this Gift Voucher balance is that it can be used to recharge mobiles or you can pay it to all merchants with QR code where Paytm is accepted.
So what we are going to do is that we are just going to make a Paytm Business Account and will accept money from the normal account to the Paytm Business account. Paytm Business account will transfer the fund automatically to bank accounts.
Note: It will take maximum of 3-4 days to credit funds to your registered bank account otherwise normally it will be transferred on next working day.
Here are the complete instructions:
Step 1. Register your Business through Paytm Business Application. Don’t panic if you don’t own any business just give any name to your business while registering.
Follow all the steps carefully given in this Official Paytm Blog to create a Paytm business account.
Step 2. After registering your Paytm Business account just take a screenshot of your QR code which is available in your Paytm Business app.
Step 3. Open your Paytm app and go to Pay as shown in below picture.
Step 4. When your Pay section is open then click on Picture Icon as highlighted in the below image.
Step 5. Now navigate to your Screenshot of QR code and select the picture. When you will select the QR code picture then it will automatically show your business name and amount option along with Pay button at the bottom.
Step 6. Now enter the amount which you want to transfer, write anything in Description and just click on Pay button.
Step 7. That’s it you have successfully transferred your amount to your Paytm Business account.
Step 8. Make sure that your Paytm Business Account is credit or not by opening the app.
If it’s credited then feel free it will be transferred to your registered bank account automatically on the next working day or maximum within a time period of 3-4 days.
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Can I transfer the paytm gift voucher amount to my paytm wallet?
Can I use part of the gift voucher to pay for something in a store or online and use the balance for any other type of shopping ?
Will there be any charge for transferring money from business account to bank account?,