Yes, Paytm is only for India. Paytm accepts payments only in INR (Indian Rupee). Paytm is one of the best Indian online payment system where you can easily pay and receive money. Paytm offers services like Mobile recharge, bus tickets booking, electricity bill payment, movie ticket booking, and many more services.
If you are not from India you cant use services provided by Paytm. but if you an Indian living outside India and your Paytm is linked with bank account dealing in INR then you can use Paytm for paying or receiving money from outside India.
Paytm Wallet are available only to resident Indians who have attained the age of 18 years and are competent to contract. Paytm Wallet are not transferable. ... Paytm Wallet is issued & shall be valid only in India and shall be used at Merchant Establishments only in India.