Hot Deal Can I convert Paytm merchant account to customer account?

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Deal Cadet
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I am no longer using my paytm account for merchant transactions as it is asking for 2% charges. Can I close this merchant account and use this paytm account as regular/customer account?

Paytm 24×7 help asks to select some predefined issues to raise a query but I didn’t find any relevant point in their list.

8 Comments  |  
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Deal Cadet
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Select any other order to raise the query and write that I no longer need a merchant account, kindly block it.They will do it

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Deal Subedar
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Yes. I got that done as they stopped me from adding money via cc even in my personal account.

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Deal Subedar
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I have called Merchant customer care and asked them to deactivate.

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Deal Cadet
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Can I use this account as customer account after deactivating merchant account?

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Deal Subedar
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Chikky wrote:

Can I use this account as customer account after deactivating merchant account?

Yes

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Entertainer
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Guys, I did my Paytm KYC last week due to locked balance in wallet and I think that KYC guy opened my Paytm Bank account instead. Now my questions are -
1) First of all, how do I know my Paytm Bank Account number?
2) Do I need to download any separate app?
3) Minimum QA balance to maintain is?
4) How to close this Paytm Bank account, coz I just need only wallet for recharges and cashbacks?

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Deal Subedar
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saucap wrote:

Guys, I did my Paytm KYC last week due to locked balance in wallet and I think that KYC guy opened my Paytm Bank account instead. Now my questions are -
1) First of all, how do I know my Paytm Bank Account number?
2) Do I need to download any separate app?
3) Minimum QA balance to maintain is?
4) How to close this Paytm Bank account, coz I just need wallet for recharges and cashbacks?

1) you paytm account number is
91then10digitmobilenumber
2) no minimum balance to be maintained
3) no app need to be downloaded
4) don’t know how to close

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Entertainer
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gauravnandwanii wrote:

1) you paytm account number is
91then10digitmobilenumber
2) no minimum balance to be maintained
3) no app need to be downloaded
4) don’t know how to close

Thank you. If minimum balance is zero then no problem in keeping it active. I just want any penalty for not maintaining quarterly average balance like in banks.

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