As we know when it comes to digital payments, Paytm is the biggest brand in the country. With Paytm, you can easily pay your bills in an easy way. Users can send or receive Money, using QR Code Scanner which scans all types of QR.
Since Reserve Bank of India (RBI) has made KYC mandatory for all users. The government has made necessary to do KYC even for prepaid wallet customers. Paytm is one of the apps from it which also require the KYC. Many Paytm users are simply waiting for an easier way to get the new KYC done.
Today Paytm has tweeted on Twitter that the app will bring this KYC verification feature for all Android users. To simplify this process Paytm gets a Self KYC option right into the app.
Using Aadhaar card, you need to enter the necessary details and verify your identity. For verification, you can also choose between a passport, driver’s license, and Voter ID. Once the process is complete you can get ₹200 cashback in the Paytm app.
How To Link Your Aadhaar With Paytm:
- Open your Paytm app and click on the KYC option which is present on the top row, then proceed to the next screen of the app.
- Now you have to enter your 12 digit Aadhaar number and name, then click on proceed button.
- Once the app has identified the Aadhar card details, it will send you an OTP to your linked mobile number.
- At last, enter your OTP to complete the verification process in the Paytm app.
Once completing your KYC verification in Paytm app, you can access all the features of the Paytm wallet. Also, there will be no bounds on spending limits, it would increase the limit from ₹10,000 to ₹1 lakh. With this verification, you can get money transfer abilities.
Paytm’s Self KYC verification process is very simple and fast which will be done within a minute. So if you are Paytm user and not done your KYC yet. Then do try this Self KYC feature of Paytm and let us know your feedback in our comment section below.