Paytm finishes merchant migration to new UPI ids: Here’s how to activate it

Paytm Payments Bank has since March 15 ceased to accept additional credits into its customer accounts and wallets. Certain supplementary measures are needed to facilitate uninterrupted digital payments for Unified Payments Interface (UPI) customers using “@paytm”, the Reserve Bank of India (RBI) has said.

National Payments Corporation of India (NPCI) has allowed One 97 Communications (OCL), the parent company of Paytm Payments Bank, to facilitate the transfer of its customers’ UPI payments to other banks, according to a report in the Economic Times (ET).