Latest news regarding Paytm App, UPI Payment will not be stopped Third-party app license may be available soon NPCI can approve Third-Party Application Provider (TPAP) license to Paytm by this week i.e. by March 15. UPI, operated by NPCI, is a real-time payment system that allows users to send money from bank to bank.
NPCI has not given any reaction on this report. Whereas Paytm has refused to give any reaction regarding this.
After getting TPAP license, customers will be able to continue UPI payments through Paytm. RBI has asked Paytm Payments Bank to stop most of the services from March 15 for not following the rules. Paytm’s TPAP license is held by Paytm Payments Bank.
National Payments Corporation of India (NPCI) can approve Third-Party Application Provider (TPAP) license to Paytm by this week i.e. by March 15. Sources having knowledge of this matter have given this information. Come, let us know about the complete news.
UPI, operated by NPCI, is a real-time payment system that allows users to send money from bank to bank. NPCI has not given any reaction on this report. At the same time, Paytm has refused to give any reaction regarding this.
Let us tell you that last month Reuters had said in a report that Paytm can tie up with Axis Bank, HDFC Bank, SBI and Yes Bank to continue UPI payments.