How To Transfer Money Into Debit Card From My Bank Account

A debit card is basically an extension of a banking company business relationship which lets people transfer funds using the online mediums. Debit cards can be used for not just one, only multiple purposes including online money transfers, online e-commerce transactions, etc.

Paytm mobile application allows users to transfer money online using a debit card. Thinking most how? This blog has all your answers, and then read on!

Transfer Coin Online Using a Debit Menu on Paytm via UPI

Follow these steps to learn how you can transfer money online using a debit card on the Paytm mobile awarding-

Open the Paytm mobile application and click on the 'To Banking concern A/c' choice under the 'Send Money' section

558_How-to-Transfer-Money-Online-Using-a-Debit-Card-The-Complete-Process_4

Next, click on 'Enter Bank A/c Details'

558_How-to-Transfer-Money-Online-Using-a-Debit-Card-The-Complete-Process_3

Out of the given options, select the bank account linked with your registered mobile number as your Paytm number

558_How-to-Transfer-Money-Online-Using-a-Debit-Card-The-Complete-Process_2

Now, enter your bank account details such as account number and IFSC anad prepare your MPIN, which will work every bit an authentication code for you lot to process transactions. One time your MPIN is prepare, your Virtual Payment Accost (VPA) will exist created, which can exist used for further transactions on the Paytm app

On the next screen that appears, enter the amount that you wish to transfer. Yous can likewise add a 'message' for the receiver on the Paytm app

558_How-to-Transfer-Money-Online-Using-a-Debit-Card-The-Complete-Process_1

Upon successful verification or the details, the entered amount will be deducted from your bank account and will be transferred to another account

Transfer Money Online Using a Debit Card on Paytm via Wallet

Alternatively, you can as well use Paytm's wallet to transfer coin online using a debit bill of fare. All you need to do is utilise your debit carte du jour details to add money to your wallet and simply transfer the funds to another bank/UPI account as and when you require.

The following steps explain how you tin can add money to your Paytm wallet using your debit card-

Log in to the Paytm app using your credentials
Become the ' Paytm Wallet' department on the domicile screen of your app
Enter the amount that yous wish to add from your debit carte to your wallet and click on 'Keep to Add'
Select the debit carte du jour from which yous wish to add money from the list of options bachelor
An OTP will be sent to your registered mobile number for the purpose of authentication
Enter the OTP to confirm the transaction
Upon successful payment from your debit carte, the amount will be added to your Paytm wallet
You lot can employ this corporeality to send money to whatsoever other bank account, UPI ID, or the like

Why Use Paytm to Transfer Coin Online Using a Debit Card?

Paytm is a mobile payments application that supports various coin transfer services. Whether y'all wish to use UPI, NEFT, RTGS, or IMPS – Paytm has it all. Moreover, Paytm does not involve any charges for carrying out transactions. Here are some of the reasons why you should use Paytm to transfer coin online using a debit bill of fare-

Paytm is an easy, uncomplicated-to-use application
You can carry out a UPI transaction on Paytm using either QR lawmaking, UPI ID, by inbound the IFSC code
Paytm follows all the rules and regulations equally laid downwards past the Reserve Bank of India; hence, it is a completely safe and secure platform
The Paytm application offers 24*7 client support service in case of any queries or questions
In that location is a UPI transaction limit per twenty-four hours of Rs. 1 lakh on the Paytm awarding
In that location are no UPI transaction charges on the Paytm application
Simplified, hassle-costless online payments
Prophylactic and secure mode of money transfer
Allows you to make payments towards your bills, shop on eastward-commerce websites, etc.
Lets y'all make payments by scanning QR codes at your nearby departmental stores, pharmacist shops, etc.
Regularly paying through UPI likewise helps yous earn discount vouchers, cash back, and other rewards

To Conclude:

UPI and wallet transfers are two of the most mutual and useful means to transfer money online using a debit bill of fare. You can behave out both these types of transactions on the Paytm mobile app.

FAQs

How can I transfer money online using a debit menu?

UPI and wallet transfers are ii of the most common and useful ways to transfer coin online using a debit card. You can carry out both these types of transactions on the Paytm mobile app.

Can I apply Paytm wallet to transfer money using a debit card?

Yes, y'all tin easily apply Paytm wallet to transfer money using a debit menu. All you need to practise is 'Add money' to your Paytm wallet through your debit card and make the transfer as and when you require.

How is UPI helpful to transfer money online using a debit card?

UPI is one of the almost convenient and safest ways to transfer money online using a debit card. Information technology takes only a few minutes of your time to make the transfer and involves quite a unproblematic and hassle complimentary procedure.

What are the advantages of using Paytm for online coin transfer?

Paytm offers the following advantages for online money transfer-

Paytm is an easy, simple-to-use application
You lot tin can comport out a transaction on Paytm using either QR code, UPI ID, past entering the IFSC code
Paytm follows all the rules and regulations equally laid down past the Reserve Banking concern of India; hence, it is a completely safe and secure platform
The Paytm application offers 24*vii client back up service in instance of any queries or questions
Simplified, hassle-free online payments
Safe and secure way of money transfer
Allows you to make payments towards your bills, store on e-commerce websites, etc.
Lets y'all make payments past scanning QR codes at your nearby departmental stores, chemist shops, etc.
Regularly paying through UPI besides helps you earn discount vouchers, greenbacks back, and other rewards

Mehak Bagla is a financial Content Writer with over 3 years of work experience in the industry. She is a passionate writer with professional approach in digital marketing. In her spare time, Mehak loves to write, travel, and listen to music.