In a bid to offer a more personalized and secure wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital payment experience, Paytm has introduced a game-changing feature that allows users to create their own customized UPI ID. This new move comes as part of Paytm’s ongoing efforts to enhance the ease and security of wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transactions for its user base.
Why Is This Feature Important?
Traditionally, UPI IDs were automatically generated based on your mobile number or were assigned by your bank or payment platform, making them somewhat generic and often revealing personal information. With this new custom UPI ID feature, paytm aims to offer users greater privacy and flexibility while making payments.
Now, users can create a unique UPI ID that reflects their preferences or brand identity, without the need to share their phone numbers or other sensitive information in a payment request.
How to Create Your Custom UPI ID on Paytm
Setting up your personalized UPI ID on paytm is quick and simple. Here’s how you can do it:
1. Open the paytm App: Launch the paytm app on your smartphone.
2. Go to ‘Passbook’ Section: Navigate to the ‘Passbook’ section from the main screen.
3. Select ‘UPI Settings’: Scroll down to find and select ‘UPI Settings’.
4. Choose ‘Create UPI ID’: Tap on the option that says ‘Create Custom UPI ID’.
5. Enter Your Preferred UPI ID: You can now choose your own UPI ID by entering a combination of your name, business name, or anything unique. For example, you could create an ID like ‘yourname@paytm’ or ‘yourbusiness@paytm’.
6. Set a PIN (if not already done): If you haven’t set up a UPI PIN yet, you will be prompted to do so during the setup process.
7. Save & Use: Once your custom UPI ID is set, you’re ready to make and receive payments using your new, personalized UPI address.
Benefits of the Custom UPI ID Feature
1. Enhanced Privacy: No need to share your phone number anymore, making transactions more private and secure.
2. Brand Identity: Businesses and entrepreneurs can now create a UPI ID that reflects their brand, making payments look more professional.
3. Easier Payments: A custom UPI ID is easy to remember and can be shared easily with friends, family, or clients, making payment requests much simpler.
4. Flexibility: Unlike default UPI IDs, users now have the freedom to pick a name that suits them, without relying on the generic combinations provided by banks or the system.
What’s Next for paytm Users?
The launch of this custom UPI ID feature is just one of the many ways paytm is looking to improve the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital payment landscape. With increased personalization and security, this new feature is expected to drive higher adoption of UPI payments and provide users with a more tailored payment experience.
Moreover, the flexibility of creating a custom UPI ID could prove especially useful for small businesses and freelancers who want to offer a unique payment ID to their customers.
Key Takeaways:
· Paytm’s custom UPI ID feature allows you to create a unique payment ID.
· It improves privacy, as users no longer need to share their phone numbers.
· Businesses can use the feature to strengthen their brand identity.
· The setup process is quick and easy via the Paytm app.
By giving users the option to create personalized UPI IDs, paytm is setting the stage for a more secure and user-friendly wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transaction ecosystem.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk..jpg)
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