Paytm gets BHIM UPI support Features
Just one day before the anniversary of the Demonetisation that came to the good days of Paytm, the first year of the same Demonetisation Paytm got the support of BHIM App. You no longer need to keep separate apps for digital payments.. With the support of BHIM, Paytm users can now link their accounts through Paytm and easily make transactions.
Let us tell that at this time Paytm has 20 million users in India.
Users of the Paytm app will also be able to use the BHIM app and easily send and receive money. Apart from this, new BHIM accounts can also be created with the help of the Paytm app. To use this feature first update your app first. After updating the app, you will get a BHIM app option on the right side of the add money. From there you can select your bank account and start the UPI payment.
How to use BHIM UPI at Paytm?
Users will see the new BHIM UPI option when opening the PAYTM app. After that, they have to choose the BHIM UPI option and have to select a bank account for further processing. Waiting to be verified by the Bank of the number associated with the Paytm Account will be required. After verification, you will need to set your M PIN after which you will be able to start the transaction.
According to Paytm, with this new feature, users will not have to wait to add beneficially or do not have to enter the IFSC code to get money. Paytm Merchant will also be able to get the money by connecting their existing bank accounts with Paytm BHIM UPI ID.
Let us know, according to the guidelines of the National Payments Corporation of India, users will be able to send BHIM UPI ID to one lakh rupees a day.
Then go to the new device?
After this, the users will not be able to change their device. When Paytm will first verify the mobile number and device, then PAYTM First will be able to register for BHIM UPI. ‘If you want to use a different device for the transaction of BHIM UPI, then you have to go through the process of mobile number verification. Your new device should have a SIM card of the mobile number that you have registered on the card.
Comes with both Android and iOS.
Paytm says that this feature is currently being tested in the beta version of the Android app. Very soon the iOS version of the app will also get BHIM UPI’s touch.
What is BHIM UPI?
Remind, that BHIM UPI or Unified Payment Interface is a way that users can send and receive money immediately. It is linked to the bank accounts of the users, so that money without interfering with any wallet comes directly to the account or leaves the account. For this, users have to create a unique ID.