National Edu News: SEZs busy in manufacturing drugs, pharmaceuticals & hospital devices  |  Best Practices: Covid-19: Indian Railways to modify 20000 coaches for isolation needs  |  Leadership Instincts: AYUSH Ministry initiates scientific & evidence-based solutions to fight Covid-19  |  Health Monitor: Covid-19: AYUSH recommends Ayurveda’s immunity boosting measures for self care  |  Policy Indications: Office of Principal Scientific Adviser issues manual on homemade masks  |  Policy Indications: Apprentices will continue to get their full stipend during COVID-19 Lockdown  |  National Edu News: Stranded in India portal to help foreign tourists stuck in India   |  Finance: Premium payment period extended upto 30th April 2020  |  National Edu News: Doordarshan set to bring back Golden Era of television  |  Technology Inceptions: Startup in Scitech Park to disinfect Maharashtra hospitals in Covid 19 fight  |  Policy Indications: Lessons from the Spanish flu: Early restrictions lowered disease, mortality rate  |  Science Innovations: Scientists predict the size of plastics animals can eat  |  Health Monitor: COVID-19: Heart and kidney patients should keep taking their medicines  |  International Edu News: Some COVID-19 patients still have coronavirus after symptoms disappear  |  Leadership Instincts: CRG standardizes COVID-19 data analysis to aid international research efforts  |  
November 07, 2017 Tuesday 05:09:32 PM IST

Paytm begins BHIM UPI payments

Finance

New Delhi: Mobile payments platform Paytm on Tuesday said it has introduced payments using BHIM UPI (unified payments interface) on its platform. According to the company, users can create their own Paytm BHIM UPI ID on the app, which will be issued by Paytm payments bank.


"Paytm users can link any of their savings bank account with this unique Paytm BHIM UPI id and start sending and accepting money," the company said in a statement. The company said it will train its five million merchant partners to create their Paytm BHIM UPI ID and accept money using the same. "As per the National Payments Corporation of India (NPCI) guidelines, users can send up to Rs 1 lakh a day using BHIM UPI; while there's no receiving limit," it added.


Comments