RBI has stopped the functionality of Paytm recently due to not following the regulations and the company now needs to migrate its UPI handle because it cannot able to use @Paytm. The company has announced that has started the migration procedure of its UPI handles. So let’s get into the article to check out the full details of the procedure.
Paytm has collaborated with four banks, SBI, Axis Bank, HDFC Bank, and Yes Bank, to continue offering the UPI services. The company is now migrating users to new UPI handles ending with @ptsbi, @ptyes, @pthdfc, and @ptaxis.
Users are nothing to do as it is an automated procedure, and the migration will make you guys to continue using the Paytm app for regular merchant UPI payments, sending money to contacts, and all other UPI services.
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