{"id":5734,"date":"2022-07-19T04:51:52","date_gmt":"2022-07-19T04:51:52","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?p=5734"},"modified":"2022-09-13T12:58:47","modified_gmt":"2022-09-13T12:58:47","slug":"how-to-transfer-money-from-lazypay-to-bank","status":"publish","type":"post","link":"https:\/\/bankkaro.com\/blog\/how-to-transfer-money-from-lazypay-to-bank\/5734\/","title":{"rendered":"How to Transfer Money from LazyPay Account to Bank Account?"},"content":{"rendered":"\n<p>LazyPay is a division of PayU, a well-known BNPL app in the fintech space in India and other developing nations. The app offers customers simple financing solutions with cutting-edge technologies. Some of the LazyPay benefits include low-interest rates applied to the credit card, no hidden costs, and a free lifetime card. Customers can even use coupons for discounts.<\/p>\n\n\n\n<p>Here is a breakdown of transferring money from your LazyPay account to your bank account. If you&#8217;re looking for options, the techniques listed below can be helpful.<\/p>\n\n\n\n<h2 id=\"how-to-transfer-money-from-a-lazypay-account-to-a-bank-account\" class=\"wp-block-heading\"><strong>How to transfer money from a LazyPay account to a Bank Account?<\/strong><\/h2>\n\n\n\n<h3 id=\"method-1\" class=\"wp-block-heading\"><strong>Method 1<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Open the LazyPay app on your phone; your account balance will be visible to you in the centre of the screen.<\/li><li>&nbsp;Go to the <strong>\u2018scan and pay\u2019<\/strong> option.<\/li><li>Scan the code; after scanning, you will be asked to put the amount you want to transfer.<\/li><li>Please confirm <strong>when the confirmation pop-up appears<\/strong> and you are done.<\/li><\/ol>\n\n\n\n<p><strong>Note: <\/strong>To access this method, you must have a business account; a few apps that allow you to have a business account are &#8211; Paytm Business account, Google Pay Business account, and PhonePe Business account. If you don&#8217;t have one, please make one to go ahead.<\/p>\n\n\n\n<h3 id=\"method-2\" class=\"wp-block-heading\"><strong>Method 2<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Download the LazyPay app from the Google Play store or Apple App Store.<\/li><li>2. After installing\/opening the LazyPay App, skip the introduction part, create a new account and log in.<\/li><li>3. Complete your KYC and fill out the necessary information to link your bank account.<\/li><li>4. Go to the <strong>\u2018Dashboard\u2019<\/strong>, select the <strong>&#8220;utility payment&#8221;<\/strong> option, and then choose your bank account to make a direct transfer.<\/li><li>5. Verify your bank information: choose instant pay or the same-day option, enter a minimum payment amount of Rs 100, and then click the &#8220;Pay Now&#8221; button (convenience charges of Rs.25 will be levied).<\/li><li>6. Select <strong>Wallet Payment 1 <\/strong>as the payment method and proceed to LazyPay Pay Later with no additional fee.<\/li><li>7. Complete the transaction, and it will immediately be credited into your bank account.<\/li><\/ul>\n\n\n\n<p><strong>Related Blogs<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/bankkaro.com\/blog\/how-to-use-lazypay\/5728\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/how-to-use-lazypay\/5728\/\">how to use lazypay<\/a><\/li><li><a href=\"https:\/\/bankkaro.com\/blog\/how-do-i-close-my-lazypay-account\/5688\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/how-do-i-close-my-lazypay-account\/5688\/\">how to close lazypay account<\/a><\/li><li><a href=\"https:\/\/bankkaro.com\/blog\/how-to-increase-lazypay-credit-limit\/5684\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/how-to-increase-lazypay-credit-limit\/5684\/\">how to increase lazypay credit limit<\/a><\/li><\/ul>\n\n\n\n<h2 id=\"faqs\" class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1663073674433\" class=\"rank-math-list-item\">\n<h3 id=\"can-we-transfer-money-from-lazypay-to-paytm-wallet\" class=\"rank-math-question \"><strong>Can we transfer money from LazyPay to Paytm wallet?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Users can transfer the money to the Paytm business account if they have completed UPI with LazyPay.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1663073680743\" class=\"rank-math-list-item\">\n<h3 id=\"does-lazypay-have-upi\" class=\"rank-math-question \"><strong>Does LazyPay have UPI?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, LazyPay has UPI functionality that allows you to use UPI QR codes to scan and pay offline and online.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1663073688934\" class=\"rank-math-list-item\">\n<h3 id=\"how-do-you-use-lazypay-upi\" class=\"rank-math-question \"><strong>How do you use LazyPay UPI?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To register yourself, open the LazyPay app, select Scan &amp; Pay, and click &#8220;Activate Now.&#8221; After completing it, you can begin utilising it.\u00a0<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1663073699054\" class=\"rank-math-list-item\">\n<h3 id=\"how-do-i-get-a-refund-from-lazypay\" class=\"rank-math-question \"><strong>How do I get a refund from LazyPay?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>In most situations, the money will be automatically refunded to you if your online payment fails. If it doesn&#8217;t, get in touch with the retailer, and they will manually start the refund. It will take 4-5 working days to appear in your LazyPay account.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1663073716686\" class=\"rank-math-list-item\">\n<h3 id=\"what-happens-if-we-dont-repay-lazypay\" class=\"rank-math-question \"><strong>What happens if we don&#8217;t repay LazyPay?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>LazyPay has the right to suspend the user&#8217;s account if the user doesn&#8217;t pay the amount before the deadline.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"LazyPay is a division of PayU, a well-known BNPL app in the fintech space in India and other&hellip;\n","protected":false},"author":8,"featured_media":5687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[15],"tags":[148],"class_list":{"0":"post-5734","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-value-hacks","8":"tag-bnpl","9":"cs-entry","10":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/5734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/comments?post=5734"}],"version-history":[{"count":3,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/5734\/revisions"}],"predecessor-version":[{"id":5943,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/5734\/revisions\/5943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media\/5687"}],"wp:attachment":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media?parent=5734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/categories?post=5734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/tags?post=5734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}