Money Transfer: All You Need to Know
Money transfer basically refers to the electronic transfer of money, initiated by one person to the other. With the facilitation of services like UPI, online banking, etc., on Paytm mobile application, the old-school methods of physically transferring money from one personâ€™s bank account to the otherâ€™s through cheques, cash deposits at banks, etc. have been completely eliminated. Paytm allows its users to transfer money through various methods such as UPI, wallet to wallet transfers, bank to bank transfers, etc. making day-to-day transactions much easier.
Online Money Transfer Methods
The various options through which users can make money transfer online are listed below-
- Digital Wallet