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Paytm and HDFC ERGO roll out insurance cover for UPI transactions upto Rs 10,000

Paytm and HDFC have launched a group insurance plan in partnership with Ergo General Insurance.

This move is meant to safeguard users and fight cybercrimes.

Paytm users can insure transactions upto Rs 10,000 by paying Rs 30 and more per annum. In addition, insurance cover for transactions costing Rs 1 lakh or above will get added on in the times to come.

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