22 February, 2024
Synopsis
HDFC Bank has revamped its online payments app, PayZapp.
The all-new PayZapp includes features like swipe-to-pay, passbook, timely reminders and money transfer facilities.
PayZapp can be accessed by both, HDFC Bank and non-HDFC Bank, customers.
In a life full of hustle and bustle, standing in a queue to pay your electricity bill or recharge your mobile phone is the last thing you’d want to do. This is when you can turn to online payment services on the internet. For more convenience, you can download an online payments app like PayZapp. This app lets you pay and manage a multitude of bills, recharges and payments for other financial services. Continue reading on to know more about PayZapp and its benefits.
PayZapp – An Overview
PayZapp is an online payments app from HDFC Bank. It allows you to make a wide range of payments. The app is easily available on the Google Play Store or the Apple Store for Android and iOS devices, respectively. Both HDFC Bank and non-HDFC Bank customers can register for PayZapp using their mobile number. The next steps involve completing the KYC process which is typically not required for HDFC Bank customers.
What are the Benefits of PayZapp
Explained below are the benefits of PayZapp:
Wide range of payments
With PayZapp, you can pay your electricity and gas bills, recharge your mobile and FASTag, make Mutual Fund and insurance payments, donate to charity, scan QR codes and transfer money.
Timesaving
Online payments save you a lot of time since you don’t have to wait in lines, write cheques and so on. It takes less than a few minutes to pay a bill online.
Potential cost-savings
PayZapp does not charge any transaction or service charges for bill payments. Plus, you may save up on transportation costs to visit brick-and-mortar establishments.
24/7 accessibility
You can access PayZapp any time you want, throughout the day. This means that you can pay your bills or make recharges any time you prefer, from anywhere.
Multiple payment choices
The payment options offered by PayZapp include Credit Card, Debit Card, UPI and PayZapp wallet. You can link multiple cards and accounts to PayZapp, with the option to delink them whenever needed.
OTP-less payments
When you can link your HDFC Bank Credit and Debit Cards to PayZapp, you can make payments with a single swipe; you don’t have to wait for OTPs. The swipe-to-pay feature is also available for payments via PayZapp wallet.
Ability to maximise savings
Another benefit of PayZapp is assured cashback. You can check the available offers under ‘Cashpoints and Offers’ and apply relevant promo codes during payment.
The UPI benefit
PayZapp is integrated with the Unified Payment Interface (UPI). You can send money, make payments and scan QR codes via UPI. Typically, UPI transfers are settled immediately, allowing for the money to reach the beneficiary faster.
Prepaid wallet
You can load PayZapp’s prepaid wallet and make payments with a single swipe. You can redeem the cashback in the prepaid wallet. You may also transfer money from the wallet to a bank account.
Travel bookings
You can conveniently book train, flight and bus tickets, book hotels and rent cars under the app’s ‘Shop’ section. You can also earn cashback on these transactions.
Convenient management of transactions
The app comes with a passbook feature which keeps a record of all your transactions. This way, you can check the status of various transactions.
Quick support
You can get answers to your queries within the app itself. All you have to do is select the transaction from the passbook and raise a ticket.
Secured data
With PayZapp, you can rest assured that your data is protected. PayZapp does not share or store your financial information.
Timely reminders
You only need to add the biller in PayZapp once. The app will send notifications once subsequent bills are generated.
Click here for online bill payment through PayZapp on your IOS phone.
What Payments Can You Make on PayZapp
You can use PayZapp for the following payments:
Recharges: Mobile Recharge, DTH, Cable and FASTag
Utilities: Electricity, Gas Cylinder, Piped Gas, Water, Mobile Postpaid, Broadband, Landline and Rent
Financial Services: Credit Card, Mutual Fund, Insurance, Loan, Municipal Tax and Municipal Services
Other Services: Subscriptions, Housing Society, Club & Association, Hospital, Education and Donation
Enjoy faster and secure payments with PayZapp. Get more information here.
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.
FAQs
Features and Benefits of HDFC PayZapp e-wallet App:
Customers do not need to transfer money to the app to make a payment. Two-step authentication process. The customer's bank details are encrypted, adding a layer of protection when making transactions. Customers can book movie tickets.
What are the benefits of PayZapp? ›
Features and Benefits of HDFC PayZapp e-wallet App:
Customers do not need to transfer money to the app to make a payment. Two-step authentication process. The customer's bank details are encrypted, adding a layer of protection when making transactions. Customers can book movie tickets.
Is PayZapp only for HDFC customers? ›
No, it is not. Both, HDFC Bank and non-HDFC Bank customers can access the PayZapp app.
How much does PayZapp charge for a bank transfer? ›
Is PayZapp wallet to bank transfer without charges possible? No, PayZapp money transfer charges from your PayZapp wallet to any bank account are 2.5% plus any relevant taxes (18% GST). You can transfer money from your Payzapp account to your bank account after completing your full KYC.
Can I use PayZapp without bank account? ›
Launched by HDFC Bank in 2015, PayZapp is a mobile application/e-wallet. It allows you to make digital payments for a wide range of offline and online services without having to use your banking accounts or credit card.
How to transfer money from PayZapp to bank account? ›
Steps to transfer from PayZapp account to bank account
- Click on. Pay/send money.
- Click. on bank icon.
- Enter. account name, account number, IFSC code, account type and amount.
- Proceed. payment in one click.
With PayZapp, you can rest assured that your data is protected. PayZapp does not share or store your financial information. You only need to add the biller in PayZapp once. The app will send notifications once subsequent bills are generated.
Can I add non HDFC card to PayZapp? ›
You can link your credit or debit card (even if it's a non-HDFC Bank card) by manually entering the card details in the app. Also, you can scan your embossed card or enter card details on PayZapp.
Who is PayZapp powered by? ›
✅Fast and 100% secure ✅Pay anyone and scan any QR ✅One App for all your payments ✅Get Exclusive Offers.
Can I use credit card through PayZapp? ›
With PayZapp, you can link your bank account, Debit Card, or Credit Card for swift and secure payments. Additionally, you can use Unified Payment Interface (UPI) transactions and Swipe to pay feature for one-tap payments on your mobile device.
The maximum Cashback a Customer is entitled to on an aggregate basis from all the purchases or transactions or events, per month, is Rs. 3000/- (or such other amount at the discretion of Bank as may prescribe in this regard from time to time, subject to change given prior one-month notice in advance).
What is the basic KYC in PayZapp? ›
What is KYC? KYC stands for know your customer. It is a process by which a bank or financial institution identifies and verifies you. To be KYC compliant in PayZapp, you must link your PAN card or Aadhar to your account.
Is PayZapp free to use? ›
Initially, there were no charges for transferring credit card amount to the bank account but now it has fees at 2.85%+GST(18 % of 2.85%). Its is good for purchasing flight ticket and shop online we will get an extra 5% cashback in payzapp (should use HDFC credit card with same mobile number and should be done KYC).
Can I scan and pay from PayZapp wallet? ›
PayZapp, offered by HDFC Bank presents the ideal solution for all your payment requirements. Now scan Bharat QR at merchant outlets using PayZapp and make super fast payments with a quick scan and click of a button. Any Bank Debit/ Credit can be used to pay using the scan to pay functionality in PayZapp.
How do I change my PayZapp limit? ›
Launch the PayZapp application on your mobile. Head to 'Accounts & Cards' section on the app's home screen. Tap on 'Card' to get the list of your linked cards and choose the HDFC Bank Debit/Credit Card for which you want to set transaction limit. You may also add your Prepaid Cards and set limits on them.
Is PayZapp worth it? ›
PayZapp does not charge any transaction or service charges for bill payments. Plus, you may save up on transportation costs to visit brick-and-mortar establishments. You can access PayZapp any time you want, throughout the day. This means that you can pay your bills or make recharges any time you prefer, from anywhere.
Who is eligible for PayZapp? ›
You must be at least 18 years old to register for PayZapp. This is a common requirement for financial products in India. Bank Account (for Non-HDFC Customers): While existing HDFC Bank customers can use their existing accounts, non-HDFC customers can still sign up for PayZapp.
How does PayZapp give cashback? ›
With PayZapp, you can earn cashback and rewards on almost every Credit Card transaction. As such, using your credit card for your big and small purchases can truly help you save a lot of money. For instance, you could use your Credit Card to pay your utility bills and earn cashback.
Can we use PayZapp for credit card? ›
With PayZapp, you can link your bank account, Debit Card, or Credit Card for swift and secure payments. Additionally, you can use Unified Payment Interface (UPI) transactions and Swipe to pay feature for one-tap payments on your mobile device.
