How Paytm Helps You Pick the Perfect UPI ID for Your Business

Paytm offers two variants of its app: one for regular UPI usage and another for merchants, which includes freelancers, businesses, local vendors, and anyone who wants a more professional approach to managing their UPI handles. While true personalization isn’t possible, meaning you cannot type and create your own UPI ID, you are always given the option to choose from multiple system-generated UPI IDs. These IDs are designed by the app under its PSP banks, allowing you to select the one that best suits your identity, business, or purpose.

Let’s understand what a “personalized” UPI ID really means and why Paytm is the best platform to manage and choose your UPI IDs.

What Does “Personalized UPI ID” Really Mean?

In UPI, personalized doesn’t mean you can create any ID of your choice. Instead, it means:

• You can select from multiple pre-generated UPI IDs given by your UPI app.
• These IDs are created under different PSP banks that your app partners with.
• You pick the one that feels closest to your identity or purpose.
  

For example, if you link your HDFC Bank account to Paytm, you might see options like:

• 1234@pthdfcbank
• 1234.xyz@pthdfc
• name123@pthdfc

This way, while you can’t create 1234rocking@paytm yourself, you can still choose a professional, easy-to-remember ID from the available options.

Difference Between Regular and Merchant Apps

Paytm offers two app variants, each tailored to different user needs:

• Regular Paytm App: Designed for individuals who make personal transactions, such as sending money to friends or paying bills. It’s simple, easy to use, and ideal for everyday UPI transfers.
• Paytm Merchant App: Designed for freelancers, shopkeepers, businesses, and startups. This app allows users to manage multiple professional UPI IDs for different purposes, such as separating personal and business transactions, issuing invoices, or accepting payments from multiple sources. Even small vendors, like a local tea stall, can use it to have a professional payment identity.

This distinction ensures that everyone—from a casual user to a business owner—can find an app suited to their specific UPI needs.

How is the Paytm App the Best for Getting a UPI ID?

1. Multiple UPI ID Options

Most UPI apps generate only one default UPI ID for your account, leaving you with little choice. Paytm, on the other hand, gives you several UPI ID variations for each linked bank account. This flexibility lets you pick an ID that looks professional, simple, or easy to remember.

Example: If your HDFC account is linked, you may see options like:

• 1234@pthdfcbank
• 1234.xyz@pthdfc
• name567@pthdfc

This means you can choose the one that fits best with your personal or business identity.

2. Support for Multiple PSP Banks

Paytm partners with four major PSP (Payment Service Provider) banks—Axis Bank, HDFC Bank, SBI, and Yes Bank. For every account you link, each PSP bank generates a different set of UPI IDs.

• More banks = more variety of UPI IDs. 
• One bank account can be linked under multiple PSPs, giving you even more ID choices.

This makes Paytm unique compared to many other apps that limit you to just one PSP bank.

3. Smooth Setup Process

Creating or switching your UPI ID on Paytm is seamless. Once you link your bank account, Paytm instantly generates all possible IDs and lets you pick your preferred one.

• Even if you mark one as your primary UPI ID, the other IDs remain active. 
• You can share any of these IDs for payment purposes. 
• However, all money will be credited to your primary ID (you can change your primary anytime in settings).

This flexibility ensures that you’re never stuck with just one option—you’re always in control.

4. Professional & Convenient

For businesses, freelancers, and even individuals, having a clean and professional-looking UPI ID can make transactions smoother. Imagine comparing abc1234@bank with abc.business@pthdfc—the second clearly feels more professional.

With Paytm:

• Shopkeepers, local vendors, and startups can use the Paytm Merchant App for business payments.
• Regular users can continue with the UPI on Paytm app for personal transactions.

This dual setup ensures every user type—business or individual—has an ID that matches their needs.

5. Security You Can Trust

No matter how many UPI IDs you create or use, Paytm’s system follows NPCI and RBI guidelines. Every transaction is encrypted, two-factor authenticated, and traceable, ensuring maximum safety.

• For merchants, it builds trust with customers. 
• For individuals, it ensures their money is always secure.

So, while you enjoy the flexibility of multiple IDs, you don’t compromise on security at any point.

Can You Have Multiple UPI IDs on Paytm?

Yes, you can have multiple UPI IDs on Paytm, but there’s an important distinction: these IDs are system-generated, not manually created. You cannot type in and make your own “personalized” UPI ID like mybusiness@bankhandle.

Here’s how it works:

• Multiple IDs per linked bank account:
  When you link a bank account to Paytm, the app generates several UPI ID options for that account. You can choose the one that best fits your identity or purpose—business, personal, or professional.
• Different UPI IDs across multiple banks:
  If you’ve linked more than one bank account, Paytm will generate a separate set of UPI IDs for each bank. This means you can have different IDs for different bank accounts, giving you flexibility for business, personal, or multiple purposes.

Key point: All these IDs are active, but the money always goes to your primary UPI ID. You can switch which ID is primary whenever you want.