You can warp type to create a special type effect. For example, you can warp type in the shape of an arc or a wave. The warp style you select is an attribute of the type layer—you can change a layer’s warp style at any time to change the overall shape of the warp. Warping options give you precise control over the orientation and perspective of the warp effect.
Select a type tool, and click the Warp
button in
the options bar.
Choose Layer > Type > Warp Text.
Bend to specify how much warp is applied to the layer
Horizontal Distortion or Vertical Distortion to apply perspective to the warp