News Paytm Integrates UPI Payments System for Wallet Recharge

Devesh

Core Member
UPI now shows up a payment option on the Paytm appIt allows easy transfer of money to PaytmUPI payments system was launched in September

Ever since demonetisation hit the country, Paytm has been busy launching several new features to lure users to shift to mobile wallets. To further this effort, the digital payment service has now added support for United Payments Interface as well. UPI is a government platform launched by National Payments Corporation of India (NPCI), aimed to make bank to bank transactions an easy affair, and by integrating the support, Paytm looks to make its ecosystem as user-friendly as possible.

UPI payments system was launchedin August last year, and is interoperable between banks. It allows users to send and receive money by just using a unique UPI ID, eliminating the need to fill IFSC code, account details etc. It reduces a lot of steps that are typically involved in bank funds transfer, and the government claims it is as easy as 'sending a text message'.

Paytm Integrates UPI Payments System for Wallet Recharge | NDTV Gadgets360.com
 
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