Want Privacy On Your Online Transactions? Check Paytm's New 'Hide Payment' Feature

In a bid to improve security and privacy in online transactions, Paytm (One97 Communications Limited) has launched a 'Hide Payment' option in its payment application. The feature allows users to keep their selected transactions private.

Paytm's 'Hide Payment Option' will let users better control their records displayed on the application and have better access to hidden transactions.

The new feature helps users keep "surprises under wraps, personal expenses private, and lets a sweet indulgence stay unnoticed while on a diet," said Paytm in a press release on MondayIn a bid to improve security and privacy in online transactions, Paytm (One97 Communications Limited) has launched a 'Hide Payment' option in its payment application. The feature allows users to keep their selected transactions private.

Paytm's 'Hide Payment Option' will let users better control their records displayed on the application and have better access to hidden transactions.

"Our focus has always been on understanding what our customers need, and that continues to guide our mobile payment innovations. With 'Hide Payment', we're enabling individuals to hide and unhide transactions while maintaining privacy. It's a thoughtful addition that brings more control and comfort to everyday payments," stated the company spokesperson.

Paytm Hide Feature: How To Use On Paytm App?

-Install Paytm application and login with your phone number and bank details.

-Open the application and visit the 'Balance & History' segment.

-Select the desired payment and swipe left to hide it.

-Tap on 'Hide' option which will appear.

-Confirm your action by selecting 'Yes'. The selected transaction will be hidden from payment history.

Paytm Hidden Feature: How To Unhide The Transaction?

-Open the Paytm application and visit the 'Balance & History' section.
-Tap the three-dop icon.

-You will be able to access the full menu, select the 'view hidden payments'.

-Confirm your action by entering your mobile PIN or lock information or provide biometric verification.

-You will be able to see the list of hidden payments. Select the transaction you wish to unhide and then swipe left.

-You will see the option of 'Unhide'. Tap on that option to make it visible again on payment history.

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Underlining the benefit of features like 'Hide transaction', Paytm CEO Vijay Shekhar Sharma said, "There is a very incredible feature that many of you may not know. Let's say you made a payment and you want to, in passbook history, right swipe, you can hide it. That feature is growing like a wildfire for us. Now, these kinds of insightful features give us the capability to build more and more nuanced products that we will see over the period."

Paytm 'Payment-Led App First, Super-App Second': CEO

Commenting on the company's priority to make Paytm a payment-led app first, Sharma said in an earnings call, "My theory is if customers love you impeccably well, and keeping the payment-led super app concept is better than calling super app first, payment second. So payment first, super app roll second, versus super app and payment second. That is the approach that we took, and we are seeing good results, and you saw the uptick in the number of consumers that came back also."

According to the Paytm's website, more than 20 million Indian merchants use Paytm for digital transactions. More than 300 million Indians use Paytm to pay their bills. The application also provides services like paying electricity and water bills, mobile recharges, movie and bus ticket booking, etc.

Paytm also provides other services to users like UPI Lite for small value transactions. People can also link their RuPay Credit Card with UPI. Additionally they can use AutoPay for recurring payments. The application also supports international transactions in multiple countries including UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka and Nepal.