Key Highlights
- Paytm allows users to send money to any mobile number registered with UPI
- Recipients do not need to have a Paytm account to receive money
- Paytm also allows users to send money via a QR code
Users of Paytm can now send UPI payments to any mobile number using any UPI payment app. The provider of the digital payment service revealed that Paytm customers can transfer UPI payments to any mobile number registered for UPI even if the recipient doesn’t have a Paytm account.
With the addition of instant money transfers via the Paytm app, this new Paytm feature will encourage users to switch to the Unified Payments Interface (UPI). Therefore, the recipient can send money via Paytm UPI transfer if they have a registered UPI ID on Gpay, Amazon Pay, PhonePe, or any other payment app. Previously, in order to receive a mobile money transfer, the recipient had to have a UPI ID that was registered on the Paytm app. Also Read | Need Help With Zomato UPI Payments? Here’s A Step-by-Step Tutorial
How To Send Money To Other UPI Apps Via Paytm App?
Step 1: Open Paytm and select “UPI Money Transfer” to get started.
Step 2: In the Paytm app’s “UPI Money Transfer” section, tap on “To UPI App.”
Step 3: Then you need to tap on “Enter mobile number from any UPI app” and enter the recipient’s mobile number.
Also Read | UPI Tips And Tricks: Here’s How You Can Set UPI PIN Without Using Debit Card Details
Step 4: The payment screen will then appear, where you must input the desired payment amount and select “Pay Now” to make an instant transfer of money.
By scanning the QR code for the recipient, you can send money through UPI as well. On the Paytm app, hit “Pay” and then choose “QR code” to send money using a QR code. Enter the desired payment amount and scan the recipient’s QR code. Your payment transfer will be completed after you enter your PIN.
Paytm claims that the National Payments Corporation of India (NPCI) has made UPI payments interoperable by allowing all payment service providers to access its universal database.
Also Read | Paytm Hacks: How To Transfer Or Send Paytm Wallet Money To Bank Accounts
