Paytm Feature: Check on Stock Trading Losses with Paytm's New Feature!
Digital transactions have grown tremendously in recent times, and Paytm has introduced a new feature to help stock traders manage their investments more efficiently. With this new feature, users can block funds in their bank account while trading stocks, making transactions smoother and safer.
How Paytm's New Feature Works
The new "UPI Trading Block" feature allows stock traders to block funds directly in their bank accounts instead of transferring large sums to their trading accounts. This makes trading faster and reduces the risk of losing money during transactions.
Benefits of the Paytm Feature:
- Block Funds: Traders can block their funds in the bank account and still earn interest while waiting for the trade to complete.
- Faster Transactions: Transactions can be completed quickly without needing a UPI PIN during trading.
- Easy Tracking: Blocked funds can be easily tracked through the Paytm app.
- Secure Trading: By blocking the funds instead of transferring them, traders ensure that their money stays secure during the trade.
How to Activate Paytm's Trading Block Feature:
- Log in to your brokerage platform account.
- Go to the "Add Funds" section.
- Select the "Single Block Multiple Debits" option.
- Choose Paytm from the available payment options.
- Enter your UPI PIN to complete the process.
This new feature from Paytm aims to make stock trading simpler and more secure for traders, ensuring they can manage their funds effectively while benefiting from interest and secure transactions.