FinTech
Paytm Launches New Feature For Stock Trading With Auto Payment Deductions
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SUMMARY
Paytm has rolled out UPI Trading Blocks that enables automatic payment deductions from users’ bank accounts for stock trading without pre-funding brokerage accounts
The feature keeps funds in users’ bank accounts until a trade is executed, allowing them to continue earning interest while maintaining trading flexibility
Currently available for Axis Bank and Yes Bank UPI handles, with support for SBI and HDFC Bank coming soon
Paytm
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