Can Paytm be used for recharge, UPI services post Feb 29? Company clarifies

Paytm crisis: In the wake of the Reserve Bank of India (RBI)’s crackdown on Paytm’s affiliate Paytm Payments Bank, the financial services platform issued further clarifications on the services it will continue or discontinue on it, following the February 29 deadline set by the central bank.

Issuing fresh guidelines on Monday, the fintech clarified about its digital wallet, UPI services, as well as recharge and other services.

Can Paytm be used for paying utility bills after February 29?

According to the fintech, the Paytm app can be used for bill payments and recharges. “Paytm continues to support a wide range of payment options…” it said.