The company's website provides all the information that a customer needs to know about PayTM. To complete the whole process, the customer needs to submit the secured bank account's PIN to PayTM's online service, and PayTM will transfer the amount to the customers' bank account.

In case of any debit or credit transaction (which includes usage of any ATM machine or credit card), the money will be debited from the customers' bank account and the amount will be converted into the Indian Rupees. To use PayTM, a customer needs to open a secured bank account with a respective bank, which is linked to a PayTM account. PayTM also promises various mobile-related benefits such as free calling minutes, free text messages and discounted rates on PayTM cards. PayTM is also known as OTT (short for 'other than traditional telecom services'), since PayTM allows its users to not only pay for their purchases, but to also get other benefits such as internet usage, gaming, and entertainment, etc. Ltd is a subsidiary of Reliance Communications Limited - one of the leading telecom companies in India. PayTM (a partial acronym for 'pay via mobile') is a revolutionary mobile payment platform and internet technology business, based in Noida, Uttar Pradesh, India where you can also find PayTM Mobile Solutions Pvt.