Paytm introduces personalized UPI ids to enhance user privacy and expand global payments
Mumbai: Paytm has introduced personalised UPI IDs aimed at enhancing user privacy by allowing payments without revealing mobile numbers. The feature enables users to create handles such as name@ptyes or name@ptaxis and is currently supported by Yes Bank and Axis Bank, with plans to extend it to other banking partners.
The new UPI ID system allows individuals to send and receive money without disclosing their phone numbers, addressing concerns about personal data exposure in digital transactions. According to the company, this update offers a more secure and flexible way to use UPI for everyday payments, from settling bills with delivery agents to paying vendors or shopkeepers.
A Paytm spokesperson said, 'We have introduced personalised UPI IDs to offer more choice and privacy in payments.
We heard the feedback from our customers who wanted to keep their mobile numbers private and built this solution to address that need.' The company said the new system is designed to deliver greater control over personal information while maintaining seamless usability.
Paytm users can create personalised UPI handles through the app by navigating to their profile, accessing UPI settings, selecting a custom ID, and activating it as the primary handle.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch vàng CFDs với sàn môi giới tin cậy
IC Markets
Tìm hiểu thêm
Undo
Once set, the personalised ID masks the mobile number in transaction details, providing users with a consistent identity for digital payments.
The company has also rolled out seven other updates to its platform. These include the option to hide or unhide payments, automatic categorisation of spending, widgets for faster access to payment functions, auto top-up for low-value UPI Lite transactions up to Rs 5,000, downloadable UPI statements in PDF and Excel formats, and a consolidated view of balances across UPI-linked bank accounts.Paytm has also expanded UPI acceptance for Indian users abroad.
UPI payments are now enabled in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal, allowing users to make payments overseas using the same app.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
At 2.8%, retail inflation eases to over 6-year low
Representative image (Picture credit: ANI) NEW DELHI: Retail inflation plummeted to a 75-month low in May as food prices eased sharply. It is expected to moderate further in June, which may prompt the Reserve Bank of India (RBI) to hit a pause in its rate-cutting cycle after undertaking a "jumbo" cut earlier this month to support growth in the face of easing price pressures. Data released by the National Statistics Office (NSO) on Thursday showed retail inflation, as measured by the consumer price index (CPI), slumped to 2.8% in May, below the 3.2% in April. It is the lowest year-on-year inflation after February 2019 and is the fourth consecutive month when it has stayed below the RBI's 4% target. Food inflation eased to nearly 1% in May, with a sharp decline of 79 basis points during the month compared to April. Food inflation in May is the lowest since October 2021. Rural inflation was at 2.6% in May, while urban inflation was at 3.1%. The data showed vegetable prices fell 13.7% in May, while pulses and products declined 8.2% during the month, and spices fell 2.8% in May. "While till Q3 FY26, we expect CPI inflation to remain less than 4%, it may only increase in the last quarter of the current fiscal. We expect average CPI inflation for FY26 would be around 3.3%-3.5% (RBI: 3.7%) as against FY25 average of 4.6%," said Soumya Kanti Ghosh, group chief economic adviser at SBI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "Given this benign inflation expectations on the back of a 50 basis points rate cut recently in June policy, the current focus of RBI is to support the momentum in capital formation for more durable growth. We expect a pause in rate action here onwards till the Dec 2025 policy, though a lot will depend upon incoming data," said Ghosh in a note. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
Your VPN might be spying for China: Watchdog flags 17 apps with hidden ties on Apple and Google stores
A new report by the Technology Transparency Project warns that 17 VPN apps, available on major app stores, may be secretly linked to Qihoo 360, a Chinese cybersecurity firm under U.S. sanctions. Experts fear user data could be accessed by Chinese authorities under China's broad surveillance laws. Tired of too many ads? Remove Ads How are these VPNs tied to China? Why is Qihoo 360 a concern? Tired of too many ads? Remove Ads Which VPN apps were flagged earlier? What are Apple and Google doing about it? Tired of too many ads? Remove Ads FAQs Think your VPN is keeping you anonymous? Think again. A major watchdog report just revealed that 17 popular VPN apps available on Apple and Google stores might be quietly handing over your data with links pointing straight to to a report released on Thursday by the Technology Transparency Project, the firm involved may have discreet links to China, where the government can monitor all user report claims that 17 apps, six from Apple's App Store, four from Google Play Store, and seven from both, have hidden connections to China, as quoted in a report by NBC News.A new report by the Technology Transparency Project warns that 17 VPN apps, available on major app stores, may be secretly linked to Qihoo 360 , a Chinese cybersecurity firm under U.S. 360 is a firm sanctioned by the U.S. Commerce Department in 2020 for potential links to the Chinese military. While the apps don't explicitly name Qihoo, corporate filings and company records suggest they are operated by shell companies acquired by Qihoo in 2019, as per a are mainly utilized to safeguard a user's privacy by complicating a website's ability to identify its visitors, or to bypass censorship restrictions. However, if a VPN provider does not implement substantial measures to automatically and permanently erase its users' search histories, it is probable that the company will retain logs of its clients' online is especially significant if the company is Chinese, since national legislation requires that intelligence and law enforcement agencies can access any personal data stored there without a Katie Paul explained that VPNs carry unique risks since they reroute all of a user's internet activity through their servers. If those servers are controlled or accessed by Chinese-linked firms, it means user data, including sensitive work information and browsing habits, could end up in Beijing's Sherman, a senior fellow at the Atlantic Council focusing on data privacy, informed that utilizing a VPN owned by China would be equivalent to surrendering one's browsing history to Beijing, as per a report by NBC News. Experts fear user data could be accessed by Chinese authorities under China's broad surveillance TTP, a technology-oriented branch of the Campaign for Accountability, an investigative nonprofit aimed at uncovering "corruption, negligence, and unethical conduct," released a report on Chinese VPN applications on April 1. TTP reports that several of the VPNs are indirectly tied to Qihoo applications are all virtual private networks, or VPNs, enabling a user to route their internet traffic through a company's internet service. Names such as VPNify, Ostrich VPN, and Now VPN do not explicitly indicate any connections to China or Chinese ownership in the app Qihoo 360 isn't listed as the direct developer, many apps are operated by entities like Lemon Seed, Autumn Breeze, and Innovative Connecting all tied to Qihoo via Chinese and Cayman Islands quickly removed three apps purportedly connected to Qihoo 360: Thunder VPN, Snap VPN, and Signal Secure VPN. Turbo VPN and VPN Proxy Master, both accessible on the Google Play Store, along with three additional options provided by Google, remain availableThe findings raise important questions about who really controls these "free" VPN services and what happens to your data when you trust the wrong if it logs your data and shares it with third parties especially if it's tied to governments with wide surveillance all, but many free VPNs have vague ownership and poor privacy policies. Always research the company behind the app.
Time of India
an hour ago
- Time of India
Happy Father's Day: Best tech gift ideas and deals to celebrate your dad and make him feel special
As Father's Day approaches on June 15, shoppers across the country are hunting for thoughtful presents that balance sentiment and utility. Whether your father is a tech aficionado, an outdoorsman, or simply hard to shop for, this year's curated selection of Father's Day gifts comes with genuine discounts and timely delivery options. Retailers are offering substantial markdowns on gadgets, smart accessories, and lifestyle products, ensuring a wide variety of Father's Day gift deals for every budget, as mentioned in a report by Wired. Here's a comprehensive look at some standout options available this week. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Tech Treats for the Digitally-Inclined Dad Among the hottest tech Father's Day gift ideas are the Sony WH-1000XM5 Headphones , now available at ₹24,800 (approximately $298), down ₹8,000 from the original price. Known for stellar noise cancellation and rich audio, these headphones are ideal for travel or daily use. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 모공각화증, 그냥 두지말고 이렇게 해보세요 (해결법) 현명한소비자 Undo Another show-stealer is the A pple iPad (2025, A16) at ₹24,900 ($299), a perfect gift for dads who enjoy browsing, reading, or sketching on the go. For stylish tech lovers, Ray-Ban Meta Wayfarer Smart Glasses are discounted by ₹5,000 ($60). These glasses come equipped with open-ear speakers, voice assistant support, and a built-in camera—making them a quirky but functional accessory for the modern father. Live Events Outdoor and Fitness Essentials Golf enthusiasts might appreciate the Garmin Approach S12 Golf Watch , currently priced at ₹12,400 ($150). With GPS data for over 43,000 golf courses, it helps track scores, hazards, and performance metrics—an essential tool for dads who frequent the greens. The Ambient Weather WS-5000 Weather Station caters to fathers with an affinity for data and the outdoors. At ₹33,400 ($404), it offers insights into rainfall, humidity, UV index, and more—a sophisticated addition to any home weather setup. Audio Delights for Music and Movie Buffs For portable sound, the JBL Clip 5 Bluetooth Speaker at ₹4,150 ($50) stands out. It's rugged, waterproof, and easily attachable to bags or gear—ideal for camping or family outings. Meanwhile, Beats Pill Bluetooth Speaker offers long battery life, fast pairing, and even reverse charging, available at ₹8,200 ($99). The Sonos Roam 2 , a premium smart speaker, has dropped to ₹11,100 ($134), combining smart functionality with top-tier sound and a compact design. Home entertainment gets an upgrade with the Sonos Arc Ultra Soundbar , now at ₹74,800 ($899). Offering Dolby Atmos sound quality, it transforms the television experience, perfect for fathers who value cinematic audio clarity. Earbuds and Pocketable Audio Gifts Shoppers can also find affordable wireless audio with the Nothing Ear (a) earbuds priced at ₹7,400 ($89) and the Soundpeats Capsule3 Pro+ at ₹6,700 ($80), both offering exceptional sound quality, comfort, and intuitive controls. FAQs When is International Father's Day? Father's Day will be celebrated on June 15th this year. What is the original Father's Day? Recognizing the importance of honoring devoted fathers like her own, Sonora Smart Dodd launched a determined campaign to establish Father's Day as a complement to Mother's Day. The inaugural celebration was held on June 19, 1910, in Spokane, with strong support from the local YMCA and area churches.
