As per RBI guidelines, your Paytm Wallet will soon be transferred to the newly incorporated Paytm Payments Bank. Till now they were issued by One97 Communications Limited. This will happen automatically, and Paytm users do not need to do anything additional & customers will continue to use all the services provided by the Paytm Wallet, and enjoy all the benefits. Your Paytm wallet will work as it is, even after 15th January. Log in details, wallet balance and user experience will remain the same. Your Paytm Wallet experience will remain the same for all current use cases such as paying at stores, paying for Uber rides, ticketing, fuel, etc. Not just that, Paytm Payments Bank will also soon bring additional benefits such as a bank account, cheque book and a debit card. You will also earn interest on the money available in your account.
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