Paytm APK: Paytm, owned by One97 Communications, is a digital payments platform that has become something of a phenomenon in India. It allows you to transfer cash into an integrated wallet via online banking, debit cards, and credit cards, or even by depositing cash via select banks and partners. Using the money in the Paytm APK wallet, users can pay for several goods without using cash. With a catchy name and very recognizable brand identity, Paytm has become one of the most used and accepted phone-based services across the country in the past 9 years, garnering a user base of over 200 million people.
The two primary parameters of any app are usefulness and usability. Usefulness has to do with how useful the core functionalities of the app are, how useful is the idea behind the app. Usability has to do with how well executed is the app like how intuitive it is, how good the experience provided to the user is. When it comes to usefulness, Paytm is a great application. The app idea and functionalities are extremely useful and are obviously the reason for its success. The transactions users can make on Paytm include recharges for mobile phones, metro cards, DTH cable, and data cards as well as postpaid payments for mobile phones, landline or broadband, electricity, water, and gas bills.
Users can also book tickets for buses, trains, flights, movies, and hotel rooms and pay for Uber cab rides using the platform. Additionally, they can buy goods on the company’s e-commerce platform using the wallet, and even make offline payments at over 8 lakh merchants, as is claimed on the official Paytm website. Paytm APK customers can pay others, receive money, and shop with just a smartphone at zero extra cost. Users can simply scan the recipient’s QR code or enter their mobile number in the ‘Pay’ option in the Paytm app to instantly pay virtually anyone with a smartphone and the Paytm app. Money stored in the Paytm Wallet can also be transferred to a bank account.
Paytm App For Android Features
Various Payment Options – With My Payments, recurring expenses can be scheduled for a particular day of every month. Once My Payments are set, it will help ensure that all bills and expenses are taken care of well ahead of time. To set up My Payments using Paytm APK, users need to undertake few steps. They must tap on the My Payments after opening the Paytm APK. Following it, they have to select Add New and select a category. Then, the account details of the receiver must be entered. Users then must choose the mode of payment, either through a bank account or through the Paytm wallet.
Completely Free & Safe – Security is at the top of everyone’s mind when it comes to anything digital, but Paytm is an RBI-approved wallet. It uses Verisign-certified 128-bit encryption technology, which means that the secret key used in transactions is a sequence of 128 bits and does not reveal anything about the password length or contents. The platform does not store credit card data in the unencrypted form either. Thus, Paytm is completely safe and secure to use on all fronts. To make your e-wallet even more secure, Paytm APK offers biometric support. You can now set your fingerprints as your Paytm passwords.
Available In Multiple Languages – The Paytm APK is multilingual and is available in 11 regional languages to enhance the banking experience of its users. The users can understand and operate various features of the bank in their preferred language. These languages include English, Hindi, Bangla, Odiya, Malayalam, Marathi, Kannada, Tamil, Punjabi, Telugu, and Gujarati. You can easily change your language by following this path: Paytm App- Settings- Change Language. Although English is quite popular across the world, it’s not ubiquitous or even the most spoken language. People love familiarity and familiarity breeds trust and loyalty, which is one aspect Paytm capitalizes on to build and enhance its customer base.
Transfer Funds From Wallet/Bank To Wallet/Bank – Given the advancement in digital technology, various banks like Paytm Payments Bank enable you to easily transfer money online to another bank account within minutes. Paytm Payments Bank offers a secure and smooth online fund transfer to any bank account while also being a service that does not levy any extra charges. However, there are a few important things that you must keep in mind before and while initiating an online fund transfer. Before transferring the funds to another bank account, cross-check all the details of the beneficiary like bank account number, UPI ID, etc. to ensure that you are transferring money to the right account. In addition to his, to safely transfer money from the Paytm APK to another bank account, avoid using public Wi-Fi. This is because public connections are not secure and can be hacked by fraudsters irrespective of taking all the preventive measures.
Digital Gold & Other Currencies – Today, gold is no longer used as currency but it can still be used to generate revenue. In fact, gold has been an asset of value for over 3000 years. You can invest in digital gold from several mobile e-wallets such as Paytm, Google Pay, and PhonePe. Brokers such as HDFC Securities and Motilal Oswal also have an option for digital gold investing. Physical gold in some form or another is part of every Indian household. From being an auspicious metal to being purchased at festivals and weddings, it is now being considered one of the best investment options. Paytm APK empowers Indians to seamlessly purchase pure gold for as low as Rs.1 and store it at an insured vault for free. Along with this, the Paytm app offers multiple gold saving plans to help customers invest smartly and build their wealth.
Latest Version Paytm APK File Information
| App Name | Paytm |
| File Size | 49.5MB |
| Latest Version | v9.5.0 |
| Operating System | Android 5.0 and Above |
| Developer | One97 Communications |
| Last Updated | May 2021 |
Download Paytm APK | Latest Paytm App Download
If you are looking for ways to send payment to someone, doing mobile recharges, and booking tickets, then you can’t find anything better than Paytm. Though this app is available for free on all major app stores like iTunes Store and Google Play Store if you want then you can download Paytm APK file. Remember that you will have to install it manually and if you have not done that before then you can follow the Paytm app installation steps mentioned below. Also, if you are looking for Paytm APK for PC, you can download the Paytm APK file. This file will work only with Android devices so if you came here looking for Paytm for iOS, this app is not for you.
Paytm APK Installation Steps:
- The first step will be to enable the “Unknown Sources” setting from the Android Settings menu.
- Open Android Settings and navigate to Security Settings.
- Scroll down and find Device Administration settings.
- You will find an option named “Unknown Sources”. If the option is disabled, just enable it.
- Now, head back to the Downloads folder and click on the PaytmAPK file.
- Tap on Install and wait for the installation to finish.
- Once it is done, open the app and you will be able to use it without any issues.
Paytm Latest Version APK Screenshots
Final Words
Paytm has been one of the leading fintech players in India for more than a decade now. It was founded in August 2010 in Noida by its founder Vijay Shekhar Sharma. Its initial investment was just $2 million. Paytm APK is now a complete solution for people that want to have everything they need to make or to receive payments in a single place. With the help of this application, it’s possible to accept payments from other people, pay bills, pay for movies or travel, and much more. To fully take advantage of the app’s varied features, users will have to fill out a Know Your Customer (KYC) form which requires a government-issued identity number.
At the initial stages, Paytm was providing only prepaid mobile recharge services alongside DTH recharges. But, sometime in 2013, it started offering its users postpaid mobile, data card, and the landline bill payments facility. Now, this big mobile payment and e-wallet platform has recorded exponential growth in the last couple of years and the app’s popularity only seems to be growing with time. When it comes to mobile payment apps, Paytm has long been a favorite among the masses given its UI, smooth experience, and worthy add-ons. All the important services and features are boldly highlighted for clear visibility. The app is a perfect fit for any screen size and never disappoints any individual using different phone models.