Overview

• One-time UPI payments and merchant transactions on Paytm continue without disruption.
• Recurring mandates need to shift from @paytm to bank-linked IDs such as @pthdfc, @ptaxis, @ptyes or @ptsbi.
• Google Play warned that @paytm UPI handles will be deprecated for Play subscriptions from August 31, a notice Paytm called incomplete.
• Affected users can update mandates within Paytm, move subscriptions to another UPI app, or use debit or credit cards.
• The migration follows NPCI approval for Paytm to operate as a TPAP, and the company reported Q1 FY26 PAT of Rs 123 crore on operating revenue of Rs 1,918 crore.