In the recent turn of events, Paytm underwent a significant shift in its operations mandated by the Reserve Bank of India ( RBI ), leading to the discontinuation of its Payments Bank and Fastag services.
However, emerging from the regulatory tussle, Paytm now offers users the flexibility of multiple UPI IDs , aligning with the services offered by Google Pay and WhatsApp Pay in India. Here’s a straightforward guide on how you can swiftly transition to these new UPI IDs on Paytm.
How to Change UPI IDs on Paytm :Launch Paytm App : Begin by opening the Paytm app on your smartphone.
Access Profile Settings: Tap on your profile icon located within the app.
Navigate to UPI and Payment Settings : Scroll down the menu and select ‘UPI and Payment Settings’.
Locate Current UPI ID: At the top of the screen, you’ll find your existing UPI ID for your Paytm account.
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Edit UPI ID: Tap on the ‘Edit’ button to explore alternative UPI IDs available for your account.
Primary and Other UPI IDs: Your primary UPI ID, visible to recipients, is displayed first. Below that, you’ll find additional UPI IDs from different banks.
Activation: Choose the desired UPI ID and click on ‘Activate’ to proceed.
SMS Verification: Authenticate the new UPI ID via SMS verification using your registered mobile number.
Utilize New UPI ID: With the UPI ID successfully authenticated, you can now utilize the new ID seamlessly for transactions within the Paytm platform.
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Amidst regulatory adjustments and service realignments, Paytm has managed to streamline its operations, ensuring minimal disruption for its user base. With the introduction of multiple UPI IDs, Paytm users can continue to leverage the platform’s services seamlessly. By following these simple steps, users can swiftly transition to their preferred UPI ID, facilitating uninterrupted transactions on Paytm.