SEBI has introduced a new framework requiring all brokers and intermediaries in the securities market to use Valid UPI handles. This initiative strengthens investor protection and ensures that all UPI-based payments are routed securely to verified and identifiable entities.
At Paytm Money, we have fully implemented these guidelines. This means all customer UPI payments will now be accepted only through our SEBI-validated UPI handles, ensuring enhanced safety and transparency for your investment transactions.
(Source: SEBI)
What Are Valid UPI Handles?
Validated UPI handles are SEBI-approved UPI IDs that adhere to a strict verification format to ensure funds are transferred securely to registered intermediaries.
A validated UPI handle includes:
- Intermediary category (e.g., brk for broker)
- Paytm Money identifier (e.g., paytmmoney)
- A validated bank suffix, such as @validptybl or @validicici
These components ensure the ID belongs to a SEBI-recognised intermediary and cannot be misused.
Example Valid UPI Handle format: xyz.brk@validbank
(Source: SEBI)
Your Payment Options Remain the Same
You can continue adding money through:
- UPI
- Netbanking
- Bank Transfer (IMPS / NEFT / RTGS)
If you choose to pay via UPI, make sure you are transferring funds only to the new validated Paytm Money UPI handles listed below.
(Source: SEBI)
How to Confirm You’re Paying on a Valid Paytm Money UPI Handle
Before you pay, quickly check:
Payee Name
Your UPI app must show “Paytm Money” or “Paytm Money Ltd.”
Handle Format
The UPI ID should look like: paytmmoney.….brk@validptybl / @validicici / @validhdfc
Verified Indicator
Look for a verified badge/checkmark in your UPI app.
Refer to the screenshot below for what a valid UPI handle looks like.
Stay Alert. Verify Before You Pay
Always double-check the UPI handle before you initiate a transfer.
Using only Valid handles ensures:
- Enhanced payment security
- Lower risk of misdirected funds
- Compliance with SEBI’s safety framework
Your trust and safety remain our highest priority at Paytm Money.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation.
Investors are requested to do their own due diligence before investing. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete Terms & Conditions and Disclaimers visit: https://www.paytmmoney.com/stocks/policies/terms .
