The scarcity of cash in hand and tiresome long lines are the two primary reasons why people prefer using digital wallets. The likes of the Paytm app are seriously propelling user’s preferences to digital wallets. Apart from the two reasons, there might be other personal decisions that may lead someone to use a digital wallet.
Paytm is used in India and claims to serve over 150 million customers making it the largest online payment platform in India. We are going in to look into more details on what is Paytm and how you can download it on your PC for maximum use.
What is Paytm?
Paytm is an Indian e-commerce website owned by one97 communications. This platform allows you to transfer cash to the Paytm wallet then you can later use the money to carry out digital payments online. With your money in the Paytm wallet, you can conduct fast digital payments without having to carry your cash around.
Among the numerous transactions, you can make using this platform include recharging mobile phones, data cards, metro cards, DTH cable, and many other purchases. You can also make postpaid payments such as broadband payments, gas bills, electricity payments, and many others.
What is the Paytm wallet?
Paytm wallet is a digital instrument where users can transfer money from their bank accounts to use for various transactions on the platform. To use a Paytm wallet, you will need to set up an account using your phone number and your email ID. After creating an account, you can then transfer cash to the wallet.
With this wallet you can add up to RS 10,00 monthly but if you need to add more that amount you consider getting the Know Your Customer process done. You will be allowed to transfer up to 1 Lakh anytime that you want to.
Making offline payments using Paytm wallet
Paytm does not always require internet connectivity to carry out cash-less payments. If a retailer accepts Paytm as a means of Paytm, then you can use QR codes or bar codes and a one time password to carry ou the transaction. To do this, you will need the Paytm app and click on the ‘pay or send’ button. Choose either the barcodes or QR codes and then enter the one time password to complete the transaction.
Is Paytm safe to use?
The primary concern when it comes to online payment platforms is safety. No one wants to transfer their hard-earned cash from a safe bank to an unsecured platform. So it is wise for you to know whether Paytm is a reliable platform to use.
Paytm is safe to use for digital online money transactions. First of all, Paytm is an RBI approved wallet that keeps their users money in an escrow account reputable bank. The wallets also use the Verisign certification and 128-bit encryption which means that the password that you use is encrypted such that the password length nor the characters can be revealed.
The wallet is also a PCI DSS 2.0 certified, which means that your credit card information is not kept in an unencrypted format.
Paytm app for PC
Officially, Paytm is currently only available for Android or smartphone users, but there is no PC version. However, it would help if you did not worry about this since you can work around some of the few ways we are going to mention to download and use Paytm on your PC.
For you to download and use the Paytm app on your PC, you need to have an Android emulator to download the app on your PC. An Android emulator provides a virtual environment for Android on your PC.
In this tutorial, we are going to use a popular emulator known a BlueStacks. Fortunately, BlueStacks is available for both Windows and Mac computers.
The first step is for you to download the Bluestacks Android emulator from the official BlueStacks website for either Windows or Mac computers. You can also use the offline installer to download BlueStacks. When you choose to download from their official website, it will take more time than downloading using the offline installer. With the offline installer you the download will be faster.
After BlueStacks installation, open it to view the Google play store and other Android apps. Open the Google Play store app in the emulator search for Paytm and click on the install button. Sometimes you will need to sign in your Gmail account, so it is recommended that you have every detail on set.
Now you can enjoy all the services that Paytm has to offer using your PC.
Frequently Asked Questions of Paytm
A. What if a customer is not able to scan the QR code during a transaction?
The customer is advised to open the flash on their mobile phones.
B. Can I look at the older transactions I had done?
Yes, you can take a look at your past transactions that you had in the past, click on the ‘passbook’ option to have a look at your recent transactions.
C. How will a customer know whether the transaction has been successful?
The customer will be sent a confirmation message from Paytm through text or as a notification on the application.
D. What happens if a customer keyed the wrong figure of the amount they wish to transact?
The customer will make a refund request to the merchant in question.
E. How do I get the IFSC code on Paytm?
It should be an easy task to conduct. Click on ‘get IFSC’ and select the concerned banks and it’s a branch.
As we have already seen Paytm is a very efficient way of conducting payments online. The app, however, only has Android versions, but you can also use an emulator to download and use Paytm on your PC. The app is also very secure such that you do not need to worry about the safety of your hard-earned cash.
As the digital world keeps evolving, Paytm is also advancing such that now Paytm has a partnership with Alibaba which means people are also going to conduct online shopping with much ease. So there you have it, download Paytm App for PC for better usage.
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