UPI PIN: Most of the people in India are now preferring to transact using UPI and digital wallets. Today, whether people want to buy a product through an online platform or subscribe to a service, people are preferring to pay through UPI even after buying the same from offline stores. With the increase in transactions through UPI, the possibility of fraud has also increased. So we also need to be careful. An effective way to avoid fraud is to change your UPI PIN code regularly. Let us explain the process of resetting UPI PIN on Paytm, PhonePay and GooglePay.
What is UPI PIN
UPI is a real-time payment system that allows instant transfer of money from one bank account to another. UPI is a payment method that works on a different system than IMPS/NEFT. To transfer funds securely through UPI, you first need to create a UPI ID and a UPI PIN. Through this, transactions can be done.
How to Change UPI PIN on GooglePay
– Open GPay or Google Pay
– At the top right of the screen, tap on your photo profile
– Click on your bank account.
– Select Bank Account from here.
– Click on More option
Then click on the option to change UPI PIN
– Now generate a new UPI PIN
– Enter UPI PIN again, after that your UPI PIN will be generated
How to Change UPI PIN through PhonePay
– go to phonepe
– Select Menu in the top right corner of the screen
– go to bank account
– Select bank account from here
– Now click on reset to set new UPI PIN for bank account
Enter the last PIN and expiry date of the debit card
– You will get an OTP, enter the OTP received
– You will now be able to set a new PIN
How to Change UPI PIN Using Paytm
– Go to Paytm App
– Click on your profile at the top
– Select UPI and Payment Settings option
– Select bank account
There is an option to reset the PIN within the linked bank account tab itself.
– Click on reset pin
Now enter the last pin and the expiry date of the debit card
Click on Proceed option
– Enter new UPI PIN
– Re-enter new UPI PIN
– Now, your UPI PIN will be updated.
Changing your pin from time to time is a wise act.
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Paytm PhonePay Google Pay Know how to change UPI PIN
Most of the people in India are now preferring to transact using UPI and digital wallets.
Story first published: Wednesday, November 9, 2022, 12:31 [IST]