New Delhi, Aug. 29 -- Paytm has clarified that Google Play's recent notification on UPI handle changes was incomplete and may have created confusion.

The company emphasised that there is no disruption to UPI payments on Paytm, and both consumer and merchant transactions remain seamless.

The update is relevant only for recurring payments such as subscription billing. "This means that if a user was paying for YouTube Premium or Google One storage or to any recurring platform through Paytm UPI, they will simply need to change their old @paytm handle to the new handle linked to their bank, which is @pthdfc, @ptaxis, @ptyes or @ptsbi," Paytm explained.

For example, if a UPI ID was abcd@paytm, it will now be abcd@pthdfc (or as per the bank)....