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HomeDigit NewsPaytm users can send money to anyone without Paytm account, know how

Paytm users can send money to anyone without Paytm account, know how

Paytm now allows its users to do UPI transactions on any mobile number across all UPI payment apps. Digital payments service Paytm on Monday announced that users can send UPI payments to any UPI registered mobile number, even if the recipient does not have an account on Paytm.

“This is an important step for the UPI ecosystem as it enables more users to send money on any UPI app. We will continue to pioneer UPI payments,” Paytm Payments Bank Ltd said in its official statement.
This new feature of Paytm will encourage people to send money to anyone instantly through Paytm app. So, if the receiver has a registered UPI ID on Gpay, Amazon Pay, PhonePe or any other payment app, they can send money through Paytm UPI transfer. Earlier, it was mandatory for recipients to have a UPI ID registered on the Paytm app in order to receive mobile money transfers.

How to send money to other UPI apps using Paytm (How to send money to other UPI apps using Paytm)

To send money through Paytm to any UPI registered mobile number-

Step 1- Open Paytm and tap on ‘UPI Money Transfer’.
Step 2- Tap on ‘To UPI Apps’ under the UPI section.
Step 3- Now enter the mobile number to which you want to send money. The receipt should contain the correct UPI ID on any third party app including Gpay or PhonePe.
Step 4- Enter the amount you want to transfer and tap on ‘Pay Now’.
Step 5- Next, verify the transaction by entering your MPIN.
Step 6- Your money will be instantly transferred to the recipient’s bank account.

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You can also send money through UPI by scanning the QR code of the recipient. To send money via QR code, tap on ‘Pay’ on the Paytm app and then select ‘QR Code’. Scan the recipient’s QR code and enter the amount you want to pay. Now enter your PIN and your payment transfer will be completed.

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