It is basically a virtual payment address that is used for online transactions and money transfers via payment apps like Google Pay, Paytm, and PhonePe. To block your UPI ID, you need to block ...

The new launch is a product of its subsidiary Paytm Payments Services Limited (PPSL). It has integrated multiple card networks (such as Mastercard) to generate alternate ID for such transactions.

To enable such transactions, Paytm has integrated with card networks to generate alternate ID for guest checkout transactions. Guest checkout solution enhances cardholders' safety in an online ...

For example, on Paytm, your UPI ID is your phone number linked to your ... is the staggering count of UPI transactions that we Indians make every hour. Over a day, this amounts to approximately ...

enabling them to link their bank accounts for seamless transactions. The service is available in collaboration with major banks, including SBI, HDFC Bank, Axis Bank, and Yes Bank. Here’s a ...

Paytm users can add a new UPI ID through the app in a few simple steps ... adding a new ID that hides the number provides a layer of protection to transactions undertaken on the digital payment ...

The company leverages the robust infrastructure of its new banking partners to ensure secure UPI transactions ... then the present UPI ID with ‘@paytm’ of these users will change to a new ...

“Mastercard is pleased to collaborate with Paytm on its Alternate ID-based guest checkout solution, allowing consumers to conclude transactions on e-commerce platforms without saving card details.

To enable ALT ID transactions, Paytm has integrated with card networks to generate alternate ID for guest checkout transactions. “Guest checkout solution enhances cardholders safety in an ...