Paytm is one of the most used onling banking app across the country. Despite having many other alternatives, widely used Phonepe and Google Pay, and other options like amazon pay, whatsapp payments etc. Paytm is trusted by many due to its authenticity, accountability and premium quality service for every single user. While this is not all what attracts people, there are many. But before that, let’s know What does TM stands for, in Paytm, the answer might leave you shocked and surprised together.

What does TM stands for, in Paytm:

Many people assume TM in Paytm stands for Trade mark. But this is where everyone went wrong. The answer is simple. Paytm stands for ”Pay Through Mobile”. This might be a simple one, but this full form truly reflects on the whole idea and goal of the founders of Paytm. Paytm was initially used to recharge the mobiles but it has become much bigger with time and the trust of the customers.

ALSO READ: Tax Exemptions to UPI Changes: New Financial Rules Applicable from April 1, 2025

The major services offered by Paytm:

UPI transactions for payments.

QR code based payments for businesses and shops

Paytm wallet- this allows you to make cashless transactions

Bills like electicity, water and gas are paid

Online shopping from anywhere and everywhere

Travel bookings allows you to book from your comfort without having to physically go to stations to book train, bus or flight tickets.

Financial services like SIP, mutual funds, Investments, loans and insurance etc are also provided.

The app Paytm is widely used for on the go payments which allows hassle free payments. This made ways to globalisation in every way possible accessible to every citizen of every country. This app allows users to pay from anywhere to everywhere without major risk factors.

ALSO READ: UPI Transactions Reach Record 24.77 Lakh Crore in March

Share

• 
• 
• 
• 
• 
•