Paytm Users Can Now Send Money to Non-Paytm Users Through UPI: Here’s How

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The move will empower users to benefit from interoperability across all UPI-based payment apps, ensuring a superfast and seamless payment experience.

“This is an important step for the UPI ecosystem, as it will enable more users to send money on any UPI app, encouraging wider adoption. We continue to pioneer UPI payments, empowering users with a robust infrastructure for seamless and secure payments. This further strengthens our mission of driving financial inclusion in the country,” a Paytm Payments Bank Ltd spokesperson said in a statement.

How you can send money to other UPI apps using Paytm

  1. To begin, you need to open Paytm and tap on ‘UPI Money Transfer’.
  2. Tap on ‘To UPI Apps’ in the ‘UPI Money Transfer’ section of the Paytm app.
  3. Now, you need to tap on ‘Enter mobile number of any UPI app’ and enter the mobile number of the recipient.
  4. You will then get the payment page where you need to enter the amount and tap on ‘Pay Now’ for instant transfer of funds.

According to Paytm, the National Payments Corporation of India (NPCI) has enabled all payment service providers to access its universal database and make UPI payments interoperable.

Paytm Payments Bank Limited (PPBL) continues to lead UPI payments as the largest beneficiary bank and a leading remitter bank. As a beneficiary bank, PPBL has recorded over 1,614 million transactions, as per the latest NPCI report. As a remitting bank, it recorded over 362 million transactions in October 2022.

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