Paytm Update: Paytm is facing a lot of problems after the action taken by the Reserve Bank of India (RBI) on Paytm Payments Bank. Because of this the company had to stop its Fastag service. However, Paytm has been offered a license to operate as a third-party aggregator. This service is provided by Google Pay and WhatsApp Pay in the country. Due to this change, users’ existing @paytm UPI ID will not be available. Hence, upon migration they have to switch to the new ID.
In the meantime, if you’re waiting for the change to happen or for some reason the auto-migration hasn’t happened, you can do it manually in the app on your phone. This process does not take much time.
How to change UPI ID on Paytm?
After getting approval to operate through SBI, ICICI Bank, HDFC Bank and other banks, users have been given the option to change their UPI ID. Let us know how you can change UPI ID on Paytm.
- Open the Paytm app on your phone.
- Tap on your profile account on Paytm.
- Scroll down and click on UPI & Payment Settings.
- You will see the UPI ID for your account at the top of the screen.
- Click on the Edit button to view the different UPI IDs available for your account.
- You will see the primary UPI ID at the top. This ID is visible to people you make payments to.
- Below that you will see other UPI IDs.
- Click on Activate to use UPI ID available from different banks.
- UPI ID will be authenticated using SMS verification through your registered mobile number.
Now you can use the new UPI ID to make payments on Paytm.
