Paytm UPI for NRIs Using International Mobile Numbers
Why in the news
Paytm announced a feature that lets Non-Resident Indians use UPI for payments in India while keeping their foreign mobile numbers.
Key facts
- Who: Non-Resident Indians (NRIs) from 12 countries.
- Number used: their international mobile number.
- Removed barrier: no need for a local Indian SIM card.
- Accounts supported: NRE or NRO bank accounts.
- Payment mode: UPI payments inside India.
| Aspect | Detail |
|---|---|
| Company | Paytm |
| User group | NRIs in 12 countries |
| Identifier | International mobile number |
| Linked accounts | NRE or NRO |
Exam angle
- Company in the news: Paytm.
- Account types: NRE and NRO.
- Number of countries covered: 12.