Paytm on Monday introduced personalized UPI IDs, enhancing privacy and offering a more flexible way to make mobile payments.

Domestic payments and financial services distribution company Paytm on Monday introduced personalized UPI IDs, enhancing privacy and offering a more flexible way to make mobile payments. The new offering allows selection of personalized UPI IDs such as name@ptyes or name@ptaxis, enabling individuals to send and receive money without revealing their mobile numbers. It is currently live on handles issued by Yes Bank and Axis Bank and will be extended to other banking partners shortly.

With personalized UPI IDs, Paytm aims to offer greater privacy. When a user sends or receives money using their personalized UPI ID, their mobile number stays hidden from the transaction details. This protects personal information while still allowing individuals to create a unique and easily recognizable payment identity, the company claims.

Paytm Spokesperson said, “We have introduced personalized UPI IDs to offer more choice and privacy in payments. We heard the feedback from our customers who wanted to keep their mobile numbers private, and built this solution to address that need. We remain committed to developing thoughtful innovations that make payments safer and more convenient for all.”

To create a personalized UPI ID on the Paytm app:

✅Open the Paytm app

✅Tap on the profile icon and go to ‘UPI Settings’

✅Select ‘Manage UPI ID’ and choose a personalised ID

✅Confirm and activate the new UPI ID as the primary UPI ID to be used for payments.

Internationally, Paytm now enables UPI payments in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal, offering greater convenience to Indian travellers across the globe.

Source;FinancialExpress 

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