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If you also use Paytm for UPI payment or mobile recharge, then this news can prove to be useful for you. Actually, users using Paytm UPI will now have to change their @Paytm UPI handle. Users have also started receiving messages regarding this. Paytm Payments Bank is now providing UPI service to its customers through partner banks.

After the approval, Paytm has rapidly integrated with Axis Bank, HDFC Bank, State Bank of India (SBI) and Yes Bank. In such a situation, if you are also getting messages to change the @paytm handle, then let us tell you how you can change it.

UPI of these banks will be activated

In March, NPCI also approved OCL to work as a third-party application provider (TPAP) as per the multi-bank model. This means that Paytm can now provide UPI services through partner banks. After NPCI's approval, Paytm has integrated with Axis Bank, HDFC Bank, SBI and YES Bank.

In this way, the existing UPI handles with @Paytm will be changed to new handles. These new handles include SBI UPI handle, @ptsbi, HDFC Bank UPI handle, @pthdfc, Axis Bank UPI handle, @ptaxis and Yes Bank UPI handle, @ptyes.

Users started receiving alert messages

The company has started migrating users with @Paytm UPI handles to these new banks to ensure seamless UPI payments. All four banks are operating on TPAP. This has made it easier to transfer user accounts to these PSP banks. Some users have started receiving 'Important UPI Alerts' on their app asking them to shift to the UPI handle of one of these four banks.

You can activate it like this

To switch to the new UPI handle on the Paytm app, simply click on UPI Update and follow the instructions below.

1. Step 1: Download the Paytm UPI mobile payment application.
2. Step 2: Enter your mobile number. For dual SIM phones, select the SIM slot along with your mobile number.
3. Step 3: Verify your mobile number by sending an SMS from your number.
4. Step 4: Select your bank from the list and make sure it matches the mobile number registered with your bank. Your account details will be received.
5. Step 5: Set the UPI PIN if you are linking your bank for the first time. For this, you will need your debit card details.
6. Step 6: Your bank account is now linked via UPI, and you are ready to make your first payment.