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Business News/ Companies / Paytm to let users add cash using United Payments Interface
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Paytm to let users add cash using United Payments Interface

Once a customer enters his/her UPI ID on the payment page, a collect-money request would be sent to UPI-enabled apps on his/her smartphone

Vijay Shekhar Sharma announced the RBI’s approval of Paytm Payments Bank in a blog post. Photo: Pradeep Gaur/MintPremium
Vijay Shekhar Sharma announced the RBI’s approval of Paytm Payments Bank in a blog post. Photo: Pradeep Gaur/Mint

Mumbai: Digital payments company Paytm has added support for payments using the Unified Payments Interface ahead of the introduction of its payments bank, which will further ease transfers into the wallet.

Once a customer enters his/her UPI ID on the payment page, a collect-money request would be sent to UPI-enabled apps on his/her smartphone. After the customers accept the payment request and enter their 4 or 6 digit PIN for UPI transactions, the transaction is complete, Paytm said in a statement.

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Published: 04 Jan 2017, 02:15 AM IST
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