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How To Find VPA In Paytm

🕐 1 Jul 23

How To Find VPA In Paytm

In this article we will show you the solution of how to find VPA in Paytm, similar to how a credit or debit card is required to make payment card purchases, a VPA is required to make UPI purchases. In essence, a Virtual Payment Address, and VPA, is an address to or through which UPI financial transactions can be carried out.

You can use UPI to transfer and receive money to someone else's bank account by utilizing a VPA, and virtual payment address.

Every VPA follows the same standard format, which starts with your mobile number, name, or email ID (this makes it distinctive), then the name of the bank or third-party app.

Using VPA to move money between bank accounts has a number of advantages.

You don't have to divulge complicated information, such as your bank account number, IFSC code, branch name, etc., to receive money into your bank account, in contrast to other payment options.

To get funds in your bank account, you only need to share your VPA.

To transfer money, you don't need to wait for the recipient to be added to your account or go through the effort of adding beneficiary information to your mobile payment application.

Furthermore, because neither the sender nor the receiver may access your bank account information or any other private information, VPA gives additional protection and security for your transactions.

Your VPA can only be utilized for you and is the only shared resource.

Step By Step Guide On How To Find VPA In Paytm :-

  1. Pick either Paytm UPI Payment application to download on your smartphone.
  2. Your mobile number should be entered. Your phone may ask you to select the SIM card that includes your mobile number if it has two SIM slots.
  3. Your number will send an SMS to authenticate your phone number.
  4. You must then select your bank from the list that will be given to you after completing this step. Please confirm that the mobile number your previously provided matches that which is on file for your bank. Now, the bank will be contacted using your cellphone number to obtain information about their bank account.
  5. If it's your first time connecting your bank, a UPI PIN creation prompt will appear. You'll need your debit card information to set this up.
  6. Now that you've established a UPI connection with your bank, you're ready to send their first payment!

Conclusion :-

The Paytm app will automatically create your VPA when you setup your UPI account.

Your bank information only needs to be entered once for you to forget it forever.

In the easiest way possible, Paytm creates your individual virtual payment address.

Your mobile number and the phrase "@paytm" make up your Paytm VPA. 98********@paytm, for instance, would be your Paytm VPA if your cell number is 98********.

I hope this article on how to find VPA in Paytm helps you and the steps and method mentioned above are easy to follow and implement.