Paytm Payments Bank has announced that Paytm app users will now be able to do UPI transactions on any mobile number across all UPI payment apps. Even if the person to whom the money is being sent does not use Paytm.
Now Paytm users can make payments to any third party through UPI. This facility will enable Paytm users to make superfast and seamless fund transfers to any mobile number. Especially on UPI registered mobile numbers which are not registered with Paytm.
As per the notification, Paytm Payments Bank has announced that Paytm app users will now be able to do UPI transactions on any mobile number across all UPI payment apps. Even if the person to whom the money is being sent does not use Paytm. With this, Paytm app users can send and receive money from any mobile number with a UPI ID registered in the instant payment app.
National Payments Corporation of India (NPCI) has enabled all payment service providers to access its universal database and make UPI payments interoperable. A spokesperson for Paytm Payments Bank said, “UPI will enable sending money on the app, encouraging wider adoption. We empower users with a robust infrastructure for seamless and secure payments. further strengthens our mission to promote inclusion.”
This is how you can send money to UPI apps
Step 1:In the ‘UPI Money Transfer’ section of the Paytm app, tap on ‘To UPI Apps’.
Step 2:Tap on ‘Enter mobile number of any UPI app’ and enter the mobile number of the recipient
Step 3:Enter the amount and tap ‘Pay Now’ for instant transfer of funds.
