Paytm Payments Bank Limited (PPBL) announced on Monday that Paytm app users will now be able to send UPI payments to any mobile number across all UPI payment apps, even if the recipient is not a Paytm customer.
Paytm app users can now instantly make payments across payment apps using a registered UPI ID. This improves Unified Payments Interface (UPI) interoperability and lays the groundwork for mobile payment adoption. “This is a significant step forward for the UPI ecosystem because it will allow more users to send money to any UPI app, encouraging wider adoption.” We continue to be the industry leader in UPI payments, providing users with a robust infrastructure for seamless and secure payments. “This strengthens our mission to drive financial inclusion in the country,” said a Paytm Payments Bank Limited spokesperson.
