The Paytm Payments Bank has made no secret of the fact that it was going to offer BHIM-UPI compatibility soon, and on October 31 the company announced this via a tweet as well. Now, on Tuesday, BHIM-UPI on Paytm is rolling out to users starting with Android, and coming to iOS soon. As of now, the update is still not live on the Google Play store, but Paytm says it will be available shortly.

With this, you can create a Paytm virtual payments address (VPA), and link your bank account to it, and start using BHIM-UPI payments anywhere they're accepted, or using it to transfer money to other people. As we've explained before, you don't need a Paytm Bank account in order to use the Paytm UPI feature - BHIM-UPI allows you to create a VPA with any processor, and link any bank account to it. So you could have an ICICI or an SBI account, and operate it through the Paytm app on your phone.

BHIM-UPI: How it Works - Apps, Charges, and Everything Else You Should Know

It uses the same Paytm app that...