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Examine Paytm's request to become 3rd party app provider for UPI usage: RBI to NPCI
short by Hiral / on Friday, 23 February, 2024
RBI has taken additional steps to ensure seamless digital payments by UPI customers using '@paytm' handle following the curbs imposed on Paytm Payments Bank. It has advised the NPCI to examine Paytm's request to become a Third-Party Application Provider for UPI channel, following which '@paytm' handles may be migrated from Paytm Payments Bank to a set of newly identified banks.
read more at Moneycontrol