Here is how you can set payment limits on your Paytm wallet

India has taken a leap to become the leading nation to drive payment adoption and technology to the masses. From online-only to full 360-degree adoption of payments via mobile phones, primarily through QR codes, wallets, Cards, and UPI; Paytm has shown the world how digital payments can become mainstream. As a result, more than 300 million Indians maintain digital wallets on Paytm.

In this digital age, Paytm provides users a vast array of services from shopping, banking, entertainment and business, which can be paid directly through the Paytm wallet. It also empowers users with the choice to set their own financial goals and control their expenses. Users can easily set a limit on the amount and number of payments that are processed through their Paytm wallets on a daily and monthly basis. To set your payments limit for your wallet, follow these few easy steps :

Step 1: Log in to the Paytm app from your registered phone number

Step 2: Tap on your profile picture on the top-left corner of your homescreen

Step 3: Scroll down and click on the Settings button

Step 4: Tap on ‘Payment Settings’.

Step 5: Click on ‘Payment Limits’. You will find multiple options to limit the amount of payment you make to merchants, banks and other Paytm users.

Step 6: Choose the limit you wish to set for both daily and monthly total transactions

Step 7: Click on the save button