Paytm explains on Google Play Alert, No issues with Paytm UPI, Only Recurring Payments to be Updated to New UPI handles

In what’s now a growing story, funds and fintech firm Paytm has clarified that Google Play’s latest notification on UPI (United Funds Interface) deal with modifications was incomplete and should have created confusion. The corporate reassured its customers that there isn’t any disruption to UPI funds on Paytm, and each shopper and service provider transactions stay uninterrupted.

The replace is related just for recurring funds corresponding to subscription billing. “Which means if a person was paying for YouTube Premium or Google One storage or every other recurring platform charge by way of Paytm UPI, they are going to merely want to vary their outdated @paytm deal with to the brand new deal with linked to their respective banks. These new handles are @pthdfc, @ptaxis, @ptyes or @ptsbi,” the corporate famous in an official assertion. For instance, if a UPI ID was abcd@paytm, it can now be abcd@pthdfc. One-time UPI funds are usually not impacted and proceed as standard.

Paytm famous that this transition is a part of its migration to new UPI handles after receiving approval from the Nationwide Funds Company of India (NPCI) to function as a Third Social gathering Utility Supplier (TPAP). The deadline set for Paytm to finish the replace for recurring mandates is thirty first August 2025, which prompted Google Play to situation this alert.

Reassuring its clients, Paytm mentioned it is a easy replace to make sure uninterrupted recurring funds whereas all different UPI transactions on the app proceed with none change.

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