Paytm is mean mandatory for online transactions nowadays and people also wanted to do the safe transaction so here we tell you how to create UPI in paytm.
So in this blog post, we will discuss what is UPI and how anyone can create UPI account with paytm.
What is UPI?
UPI or Unified Payments Interface is an immediate real-time payment system that helps in instantly transferring the funds between the two bank accounts through a mobile platform.
Hence, UPI is a concept that allows multiple bank accounts to get into a single mobile application. This idea was developed by the National Payments Corporation of India and is controlled by the RBI and IBA (Indian Bank Association).
Create UPI in paytm step by step
- Go to paytm
- Find UPI option and open it
- Add a new bank account
- Select your bank (make sure you are using the same mobile no. with the bank and paytm account)
- Then link it with your mobile no.
After successfully done all these steps you are ready to do UPI transaction with anyone. If you don’t know how to send money through UPI click on the link and read the post.