Digital Paytm Payments Bank Limited (PPBL) on Monday, announced that Paytm app users would now be able to send UPI payments to any mobile number using any UPI payment app, even if the recipient is not a Paytm customer.
With this, users of the Paytm app may immediately send and receive money from any cell phone number that has registered their UPI ID across payment apps. This escalates the compatibility of the Unified Payments Interface (UPI) even more and lays the groundwork for the adoption of mobile payments.
How to send money to other UPI apps:
1. In the ‘UPI Money Transfer’ section of the Paytm app, tap on ‘To UPI Apps’
2. Tap on ‘Enter Mobile No. of any UPI app’ and enter the mobile number of the recipient
3. Enter the amount and tap on ‘Pay Now’ for instant transfer of money.
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