Transfer money from Amazon to Paytm/Bank

197°
Deal Cadet
unknownanony...

Guys, I am looking for a way to transfer my amazon balance to paytm. I had brought amazon gift card to pay for insurance premium but somehow Amazon is not able to fetch premium details now. Paytm is able to do that without any issues. Here I am talking about bharti axa. Now I have a huge amount lying with amazon while I still have to make payment for the insurance. I was wondering if anyone can suggest how to transfer amazon pay balance to paytm/bank then that would be really helpful.

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Budding Star Budding Star
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Not possible bro….

Deal Lieutenant Deal Lieutenant
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(TRY @ YOUR OWN RISK)
I think Augmont will work. But u’ll bear loss of around 5-6% .
The procedure is simple. Buy gold using amazonpay and sell that gold. Get your money in bank account.
After selling, the money usually takes two days to get credited in your bank account.

Benevolent Benevolent
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try fetching again – keep trying if u have time.

Deal Subedar Deal Subedar
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There are ways .. but you need to shell the fee to transfer to Paytm/bank account.
Goto zingoy.com and buy Paytm gift card using amazon pay method. they charge ~5% as processing.
Other gift cards also available without processing fee if suitable to you.

I’m still exploring and find the above still workable.

Deal Lieutenant Deal Lieutenant
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help dimers who wants to order items from amazon with some discount
tell them to trf money to ur bank

U can also do electricity bills on behalf of others at a discount

Deal Cadet Deal Cadet
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Well I have decided to pay mine and parent’s electricity, mobile, broadband and gas cylinder bills for a few months from Amazon. Life would be simpler now that no more looking for any utility payment deals, until I exhaust amazon pay balance.

Analyst Analyst
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Good move.
I guess its is probably the best solution. 2nd best probably would be to sell your balance to other people at discount, at say 2% odd.

Btw, learning also there to not add money to accounts to the extent possible and unless we are 100% sure abt the willingness and ability i.e. to be able to complete the txn as intended…

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Deal Cadet Deal Cadet
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i also faced this problem with the same biller Bharti Axa, i was able to retrieve my premium and because of which i added the premium balance into amazon pay but later the same biller i could not fetch the premium and at last made the payment directly from the bhartiaxa website

Deal Cadet Deal Cadet
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my money got stuck with Amazon and used the same to pay other utility payments

Deal Cadet Deal Cadet
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So this issue is still not fixed. Next year I am not doing this mistake and will pay directly through their website.

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