What is a UPI address in Paytm?

A UPI address in Paytm, also known as a Virtual Payment Address (VPA), is a unique identifier used to send and receive money instantly through the Unified Payments Interface. It acts like an email ID for your bank account, eliminating the need to share sensitive details like account numbers or IFSC codes. Key features include:

• Format: Typically appears as yourname@paytm or mobilenumber@paytm.
• Security: Transactions are authorized using a secure UPI PIN.
• Convenience: Enables 24/7 instant fund transfers directly between bank accounts.