How to transfer money from lazypay to bank account?
Quick Guide to Transfer Money from LazyPay to Bank AccountTo transfer money from LazyPay to your bank account, follow these steps:1. Open LazyPay App: Log in to the LazyPay app.2. Use Scan and Pay: - Select the “Scan and Pay” option. - Scan a merchant’s QR code (e.g., from a trusted contact with a Paytm, Google Pay, or PhonePe business account). - Enter the amount to transfer and confirm.3. Merchant Transfer: Request the merchant to transfer the amount to your bank account.4. Alternative Apps: Use apps like Snapay: - Download Snapay, complete KYC, and link your bank account. - Go to “Utility Payment,” select your bank, and transfer (minimum ₹100, with a small fee).Note: Ensure you have a business account for QR scanning or use trusted third-party apps. Always verify transactions for safety.
Detailed Steps for LazyPay to Bank TransferTransferring funds from LazyPay to a bank account isn’t direct but can be done via workarounds. Here’s a comprehensive guide:- Step 1: Understand LazyPay: LazyPay is a Buy Now, Pay Later service, not a wallet, so direct transfers to bank accounts aren’t standard. You’ll need to use intermediary methods.- Step 2: Scan and Pay Method: 1. Open the LazyPay app and select “Scan and Pay.” 2. Scan a QR code from a trusted merchant (e.g., someone with a Paytm Business, Google Pay Business, or PhonePe Business account). 3. Enter the desired transfer amount and confirm. 4. The amount is deducted from your LazyPay credit limit and sent to the merchant. 5. Request the merchant to transfer the funds to your bank account via UPI or bank transfer. - Note: You need access to a business account QR code. If you don’t have one, ask a trusted friend or set up your own business account.- Step 3: Using Snapay App: 1. Download Snapay from Google Play Store or App Store. 2. Register with your mobile number and complete KYC. 3. Link your bank account in the app. 4. On the homepage, select “Utility Payment.” 5. Choose your bank, enter the amount (minimum ₹100), and select instant or same-day transfer. 6. Pay via LazyPay and confirm (a small fee, e.g., ₹25, may apply).- Step 4: Verify Transaction: Check your bank account to ensure the funds are credited. For Snapay, it’s usually instant or same-day.- Precautions: - Use only trusted merchants or apps to avoid scams. - Be aware of convenience fees (e.g., ₹25 for Snapay). - Ensure your LazyPay credit limit covers the transfer amount.- Pro Tip: Contact LazyPay support (022-69821111, Mon-Sun, 10 AM-7 PM) if you face issues. Keep transaction IDs for reference.