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Paytm Launches 'Hide Payment' Feature to Boost Transaction Privacy

The new tool allows users to conceal and reveal specific transactions, offering greater control over payment history and setting Paytm apart in India's competitive fintech market.

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Overview

  • Paytm's 'Hide Payment' feature enables users to selectively hide or unhide transactions in their payment history for enhanced privacy.
  • The feature was developed in response to customer feedback, addressing growing concerns over privacy in India's digital payments space.
  • Users can easily access the feature through the Paytm app, using intuitive steps to hide or unhide payments securely with PIN or biometric authentication.
  • Competitors like Google Pay and PhonePe currently lack similar privacy-focused functionality, giving Paytm a competitive edge in the market.
  • This latest feature aligns with Paytm's broader commitment to user-centric innovation, complementing other services like UPI Lite and Auto-Pay.