Synopsis- UPI users in India now have a major upgrade with new personalized UPI IDs on Paytm and GPay (Google Pay) which allows for more privacy, safety, and usability in digital purchases. Rather than requiring users to either use some autogenerated random string or their mobile number, the new personalized UPI IDs provide users with a set of options that are unique to them.
Paytm and GPay has rolled out personalized UPI IDs, letting users hide their mobile numbers and choose unique handles for safer transactions.
Personalized UPI ID launched: users can now create their personalized UPI IDs example: yourname@paytm or john.doe@gpay and no longer rely on using mobile numbers or autogenerated codes
Why it Matters: It promotes privacy, i.e., in this new world of IDs it makes it much ha