Paytm UPI news: Digital payments firm Paytm is set to become the 25th third-party app offering payment services under the country's all-popular Unified Payments Interface (UPI) payments platform after the National Payments Corporation of India (NPCI) permitted the company's parent, One97 Communications, to operate as a third-party application provider (TPAP). The development will enable Paytm to facilitate UPI payments with the help of four banks that will act as payment system providers (PSPs).

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The NPCI has advised Paytm to complete the migration for its existing handles and mandates, wherever required, to new payment system provider banks at the earliest. Paytm joins a long list of third-party app providers that are authorised to handle UPI payments—such as Bajaj Finserv, Amazon Pay, Flipkart Advanz, Google Pay, Groww, CRED, Kiwi, MobiKwik and PhonePe—with different banks acting as PSPs. 

Here's the full list of third-party apps after the addition of Paytm: 

Sr. No. TPAP PSP Banks Handle Name
1 Amazon Pay Axis Bank @apl
Yes Bank @yapl
RBL Bank @rapl
2 Bajaj Finserv Axis Bank @abfspay
3 Bajaj MARKETS (Finserv Markets) Axis Bank @abfspay
4 CRED Axis Bank @axisb
5 Fave (Pinelabs) IDFC FIRST Bank @idfcbank
6 Flipkart Advanz Private Ltd Axis Bank @fkaxis
7 Goibibo ICICI bank @icici
8 Google Pay Axis Bank @okaxis
HDFC Bank @okhdfcbank
ICICI @okicici
State Bank of India @oksbi
9 Groww Yes Bank @yesg
10 Jupiter Money Axis Bank Limited @jupiteraxis
11 Kiwi Axis Bank Limited @goaxb
12 Make My Trip ICICI @icici
IndusInd Bank @indus
13 MobiKwik HDFC Bank @ikwik
14 Navi Axis Bank @naviaxis
15 Niyo Global ICICI Bank @NIYOICICI
16 Phonepe Yes Bank @ybl
ICICI Bank @ibl
Axis Bank @axl
17 Samsung Pay Axis Bank @pingpay
18 Shriram One HDFC Bank @shriramhdfcbank
19 slice Axis Bank @sliceaxis
20 TataNeu ICICI Bank @tapicici
21 Timepay The Cosmos Co-Operative Bank Ltd. @timecosmos
22 Ultracash IDFC Bank @idfcbank
23 WhatsApp* ICICI Bank @waicici, @icici
Axis Bank @waaxis
HDFC Bank @wahdfcbank
State Bank of India @wasbi
24 Aditya Birla Capital Digital ICICI Bank @abcdicici
25 Paytm Yes Bank @paytm
@ptyes (CUG Live)#
Axis Bank @ptaxis (CUG Live)#
HDFC Bank @pthdfc**
SBI @ptsbi**
(Source: www.npci.org.in)

Legend

*Note: Maximum registered user base of hundred (100) million in UPI

**(WIP) Work in Progress

# CUG Live - Closed User Group Live

What is UPI?

UPI or Unified Payments Interface is the country's real-time payments system that enables users to transfer money seamlessly across banks.