How to create a personalised UPI ID on Paytm?

Paytm recently launched a personalised UPI ID service for its users. It allows users to create custom UPI IDs with their names, like name@ptaxis. Many other applications also offer a similar service. Let’s understand how this works.

UPI IDs are usually in the format of: number@bank. The ID starts with the user’s phone number/name/email address, followed by the bank name, which is linked to the user’s UPI.

Many platforms also offer customers the option to customise their UPI ID if it is not taken by someone already. For example, if your name is Spider-Man and you have an account in Yes Bank, your UPI ID could look like spiderman@ptyes on Paytm, if the name isn’t already taken by someone else and is available for use.

How to create a unique UPI ID on Paytm?

To create a customised UPI ID on Paytm, you can follow these steps:

Many other platforms, including PhonePe, also allow you to make custom UPI IDs following similar steps on their mobile applications.

Why get a personal UPI ID?

Personalised UPI IDs make daily payments more secure and user-friendly. By using a custom UPI ID, you can ensure that your contact number is hidden, enhancing privacy. Offering both flexibility and safety, this feature allows you to have a recognisable payment identity while making payments to people you know.

“We have introduced personalized UPI IDs to offer more choice and privacy in payments. We heard the feedback from our customers who wanted to keep their mobile numbers private and built this solution to address that need. We remain committed to developing thoughtful innovations that make payments safer and more convenient for all,” a Paytm spokesperson said.

Recently launched Paytm features

• Hide or unhide transactions for privacy
• Track finances through spending categorisation and monthly summaries
• Have the ‘Money’ widget on your home screen for real-time payment alerts
• Have the ‘Scan and Pay’ widget on your screen for quick payments
• Auto top-up on Paytm UPI Lite for low-value payments up to ₹5,000
• Download UPI statements in PDF and Excel formats
• View the unified bank balance across all linked accounts on your dashboard

These features by Paytm are aimed at improving your experience on the platform and making it more user-friendly. Paytm UPI services can be used in many other countries as well, apart from India, including UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.