Users of the Paytm app can now conduct transactions across all third-party UPI apps

November 22, 2022

, By Team SNFYI

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Paytm Payments Bank Limited (PPBL) announced on Monday that Paytm app users will now be able to send UPI payments to any mobile number across all UPI payment apps, even if the recipient is not a Paytm customer.

Paytm app users can now instantly make payments across payment apps using a registered UPI ID. This improves Unified Payments Interface (UPI) interoperability and lays the groundwork for mobile payment adoption. “This is a significant step forward for the UPI ecosystem because it will allow more users to send money to any UPI app, encouraging wider adoption.” We continue to be the industry leader in UPI payments, providing users with a robust infrastructure for seamless and secure payments. “This strengthens our mission to drive financial inclusion in the country,” said a Paytm Payments Bank Limited spokesperson.

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Users of the Paytm app can now conduct transactions across all third-party UPI apps

November 22, 2022

, By Team SNFYI

Paytm Payments Bank Limited (PPBL) announced on Monday that Paytm app users will now be able to send UPI payments to any mobile number across all UPI payment apps, even if the recipient is not a Paytm customer.

Paytm app users can now instantly make payments across payment apps using a registered UPI ID. This improves Unified Payments Interface (UPI) interoperability and lays the groundwork for mobile payment adoption. “This is a significant step forward for the UPI ecosystem because it will allow more users to send money to any UPI app, encouraging wider adoption.” We continue to be the industry leader in UPI payments, providing users with a robust infrastructure for seamless and secure payments. “This strengthens our mission to drive financial inclusion in the country,” said a Paytm Payments Bank Limited spokesperson.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

FTX processed billions of dollars in Africa on a monthly basis before going bankrupt

Next News

UPI payment apps such as Google Pay, PhonePe, Paytm, and others may soon impose a transaction limit

More like this

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