About
Paytm is an Indian payments app run by One97 Communications Ltd. It now works mainly as a UPI app: users link a bank account and pay by scanning merchant QR codes or entering a UPI ID, with Axis Bank, HDFC Bank, State Bank of India and Yes Bank as its UPI partner banks since NPCI approved Paytm as a third-party app provider in March 2024. The original Paytm wallet, held at affiliate Paytm Payments Bank, cannot be topped up after RBI barred new deposits from 15 March 2024. Paytm reported 80 million monthly transacting users in the June 2026 quarter.
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