What is 5paisa in Google Pay? How to invest in shares using the platform?

5paisa is a discount broking company which also offers a mobile app for Android and iOS users. company offers a number of services which include stock trading, mutual funds, insurance, and gold trading. It also allows users to open a Demat account, allowing m to hold  shares in an electronic format.

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What is 5paisa in Google Pay?

5paisa also has a Google Pay integration that allows users to access a number of services offered by 5paisa right from Google Pay app interface.

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How to invest in stock market using 5paisa?

You will first need to create an account on 5paisa if you don’t already have one. To easily create one from Google Pay, you need to launch Google Pay app and click on '5paisa'. w, click on 'Open w' option and follow instructions. Once your account is verified, you will be able to start purchasing shares from 5paisa directly from Google Pay.

Buying shares from 5paisa through Google Pay

If you are interested in buying shares of a particular company, se are steps to need to follow:

Step 1: Launch Google Pay on your phone and click on '5paisa' which is located under 'Businesses and bills' section.

Step 2: Scroll down and select company where you wish to invest. Click on 'View More' for a list of all available companies

Step 3: Select company that you want to invest in and tap ‘Buy’ icon in green colour.

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Before you proceed to buy shares of a particular company, you can tap on company’s name to check out a number of details including company’s market depth and performance chart by clicking on ‘Details’ option.

Step 4: Select Exchange option, and choose between Delivery/Intraday trading. Under 'Quantity', you need to enter total number of shares that you wish to purchase. If you are looking to buy a share on Market Order, you need to enter that amount under 'Price' field. You can also enter Limit order in 'Price' field.

Step 5: Click on 'Buy' to finalise your order.

A confirmation p will request you to go through details before placing order.

Step 6: Click on 'Place Order' to confirm. That's all. Your order has been successfully submitted.

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Im credits: 5paisa