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Paytm customers can now simply change their UPI IDs from completely different banks
Paytm UPI service is obtainable despite the fact that its pockets and Fastag options have been shut down after the latest RBI order this yr.
Paytm confronted lots of points when it was ordered by the Reserve Bank of India (RBI) to cease its Payments Bank within the nation. The platform was additionally pressured to close down its Fastag companies which grew to become a nightmare for a lot of.
However, Paytm was lastly supplied the licence to function as a 3rd-celebration aggregator, one thing that Google Pay and WhatsApp Pay provide in India. Paytm customers have been then instructed that their current @paytm UPI ID won’t be accessible and so they must swap to new IDs when the migration takes place.
So, when you have been ready for the change to occur or for some motive missed out on the auto-migration on Paytm, now you can do it manually within the app and it doesn’t take lots of time. We managed to seek out a number of UPI IDs which can be accessible and you may activate them by following the steps we’re going to speak about under.
How To Change UPI IDs On Paytm
Paytm was given the choice to change its UPI ID after it was given the sanction to function via banks like SBI, ICICI Bank, HDFC Bank and extra.
– Open Paytm in your cellphone
– Tap in your profile account on Paytm
– Scroll down and click on on UPI and Payment Settings
– You will see UPI ID on your account on the prime of the display screen
– Click on the Edit button to see completely different UPI IDs accessible on your account
– You will see the first UPI ID on the prime, this ID is seen to the folks you pay
– Below that you will note Other UPI IDs
– Click on Activate to make use of the accessible UPI IDs from completely different banks
– The UPI ID can be authenticated utilizing SMS verification by way of your registered cellular quantity
– Now, you need to use the brand new UPI ID to make funds on Paytm
Paytm was dealing with a tricky scenario when it was instructed to cease its cost companies, together with the pockets. But the platform managed to maintain the operations operating with out main downtime and switching to new UPI IDs will enable the prevailing Paytm customers to depend on the platform because it was earlier than.