UPI Transaction OTP Verification

byPaytm Editorial TeamLast Updated: November 14, 2025

Meaning

UPI Transaction OTP Verification is a security step where users enter a one-time password (OTP) to confirm a transaction or link a bank account.

Importance

It prevents unauthorized access and adds an extra layer of safety during sensitive UPI actions.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI Merchant DashboardLast Updated: September 22, 2025

Definition UPI merchant dashboard is an online interface provided by banks or payment platforms for merchants to monitor…

CollateralLast Updated: December 12, 2025

Meaning & Definition Collateral is an asset pledged by a borrower to secure a loan. If the borrower…

Voice-Based PaymentsLast Updated: August 19, 2025

Meaning Voice-Based Payments use speech recognition technology to make transactions through spoken commands. How It Works Users give…

Bharat QRLast Updated: July 31, 2025

Definition Bharat QR is a unified QR code system launched by NPCI, in collaboration with card networks, to…

UPI Static QR PaymentLast Updated: October 21, 2025

Meaning UPI Static QR Payment uses a fixed QR code for receiving payments. Usage Merchants can display a…

AmortizationLast Updated: December 12, 2025

Meaning Amortization means gradually reducing a loan or asset value over a fixed period. Definition It refers to…