BHIM UPI Using Paytm payment feature in its Android App
BHIM UPI Using Paytm: The Paytm Payments Bank has made no secret of how it went to provide compatibility that was BHIM-UPI shortly, and on October 31 the firm announced this through a tweet. Now, on Tuesday, BHIM-UPI on Paytm is rolling out to users starting with coming and Android to iOS. As of this moment, the upgrade is not live in the Google Play shop, but Paytm says it will be accessible.
For this, you may produce a more Paytm virtual payments address (VPA), and link your bank account to it, and get started using BHIM-UPI payments anyplace they’re approved or using it to move money to other people. You do not require a Paytm Bank account in order to utilize the Paytm UPI attribute, as we’ve explained before – BHIM-UPI allows you to create a VPA and link it and any bank account together. That means you may have an ICICI or an SBI accounts, and run it through the Paytm program.
BHIM UPI Using Paytm: It uses exactly the same Paytm app that you might already be familiar with from the Paytm wallet – in the first set of alternatives, next to add cash and passbook along with other options, you will notice a new button marked BHIM UPI with the same emblem as the BHIM program. Tapping this takes your choices, where you accept and can send cash, exactly like any program that is BHIM-UPI.
When you go to the segment that is BHIM-UPI, you are going to have to create a VPA using the Paytm program, which will use your phone. If your telephone number is 9876543210, your UPI ID will be 9876543210@paytm – you will be able to use this from the Paytm app to send and receive payments from and to you are connected savings bank accounts.
“As a part of our journey of becoming a truly open payment platform, customers and merchants should both have the complete assortment of choices to select payment destination and source,” additional Renu Satti, MD, and CEO, Paytm Payments Bank. “With the access to BHIM-UPI to our large user base and retailer network, we consider the next wave of digital payments will start soon.”
Should you need to send cash you enter their VPA from the BHIM-UPI tab, and you’ll type in the VPA you made to find a payment request, should you have to pay a bill online. To pay offline, you need only tap the Pay button and you’re able to scan a QR code to cover – this permits you to pay either by Paytm wallet or UPI, depending on which mode the merchant affirms.