We have introduced UPI Trading Blocks on Paytm UPI, enabling seamless automatic payment deduction directly from bank accounts on equity broking apps. This feature simplifies the trading experience by allowing users to block funds directly in their bank account without transferring large amounts to broker apps in advance. The amount is automatically deducted only after the trade is executed — offering a transparent, secure, and hassle-free experience.
Built on NPCI’s UPI infrastructure, this feature empowers investors to continue earning interest on their funds while keeping them readily accessible for immediate trades.
What are UPI Trading Blocks?
UPI Trading Blocks (also known as Single Block Multiple Debits) allows investors to authorise fund blocking directly from their bank account while placing trade requests on brokerage apps. Once the trade is executed, the exact amount is automatically deducted from the bank account without requiring repeated UPI PIN entry.
This eliminates the need to transfer large sums upfront to trading accounts, offering greater flexibility while ensuring that funds remain in the user’s bank account — earning interest until they are needed.
Key Benefits of UPI Trading Blocks
No Need for Large Fund Transfers: Block funds directly from your bank account without transferring them to broker apps.
Automatic Payment Deduction: Amount is deducted only after the trade is executed without needing to enter a UPI PIN.
Continue Earning Interest: Funds stay in the bank account until the trade is completed, maximizing interest earnings.
Effortless Fund Management: Users can track and manage blocked amounts directly on the Paytm app.
Full Transparency: All blocked and debited amounts are easily visible in one place.
How Does It Work?
Here’s how to set up UPI Trading Blocks on brokerage apps:
- Log in to your broking platform account
- Navigate to the ‘Add Funds’ section
- Select the ‘Single Block Multiple Debits’ option
- Choose Paytm App as the payment option
- Enter your UPI PIN to authorize the fund block
The brokerage app will automatically deduct the amount after trade execution without needing further action.
Seamless Fund Management on Paytm App
Once the trade is completed, users can easily track and manage blocked funds on the Paytm app, offering full transparency in one place. The feature provides users with a simple and secure way to oversee their trades and payments.
“We are thrilled to introduce UPI Trading Blocks on Paytm UPI, bringing greater convenience to stock traders. This service simplifies fund management by enabling seamless, automatic payment deductions directly from bank accounts, eliminating the need to transfer large sums to broker apps. With faster and reliable payments powered by Paytm UPI, we continue to innovate and elevate the trading experience for our users,” comments Paytm Spokesperson.
Expanding UPI Payments for Everyday Use
Along with UPI Trading Blocks, we continue to enhance our UPI offerings to simplify digital payments:
- Receive Money QR Widget: Accept payments directly from the smartphone home screen without opening the app.
- Coin Drop Sound Notification: Instant sound alerts for real-time payment confirmations.
- UPI Lite for Small-Value Transactions: Faster, PIN-free transactions for small amounts.
- RuPay Credit Card Linking on UPI: Pay using RuPay Credit Cards directly on UPI apps.
- International UPI Payments: Pay via UPI in UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.
Experience Seamless Trading with Paytm UPI
Download the Paytm app and start trading seamlessly with UPI Trading Blocks — making your trading experience faster, secure, and more convenient.
