PAYTM — Paytm Bank Charge Explained

PAYTM on your bank statement may relate to Paytm, which is listed in the Finance category. Paytm is an Indian digital-payments platform for mobile payments, bills and e-commerce. A charge is usually a payment made through the app, so a UK entry would be unusual and worth verifying.

What Is the PAYTM Charge?

PAYTM may relate to Paytm, which is listed in the Finance category.

Paytm is an Indian digital-payments platform for mobile payments, bills and e-commerce. A charge is usually a payment made through the app, so a UK entry would be unusual and worth verifying. It typically appears as PAYTM on your statement.

PAYTM is how this charge may appear on your bank or card statement.

How Do I Cancel a PAYTM Charge?

  1. Identify the charge: Confirm the charge is from Paytm by checking your email for a receipt or logging into your account on their website.
  2. Cancel a recurring payment: If this is a recurring payment you no longer want, log in to your Paytm account and cancel it in your account settings before the next billing date.
  3. Contact the merchant: If you recognise the merchant but have a question about the charge, contact Paytm directly using the details on this page.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Paytm Use on Bank Statements?

Paytm may also appear on your statement as:

Frequently Asked Questions About PAYTM

What is PAYTM on my bank statement?

PAYTM is a bank statement transaction code that may relate to Paytm, which is listed in the Finance category. Paytm is an Indian digital-payments platform for mobile payments, bills and e-commerce. A charge is usually a payment made through the app, so a UK entry would be unusual and worth verifying. It typically appears as PAYTM on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Why is PAYTM on my bank statement?

PAYTM is how this charge may appear on your bank or card statement.

How do I cancel PAYTM?

If this is a recurring payment you no longer want, log in to your Paytm account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact Paytm directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

Related charges

For more information about Paytm and all its known transaction codes, visit the Paytm merchant page.