The Reserve Bank of India (RBI) has directed the National Payments Corporation of India (NPCI) to review One97 Communication Ltd.’s (OCL) application to serve as a Third-Party Application Provider (TPAP) for the UPI platform to sustain the functioning of the Paytm app. Continue reading “RBI announces additional steps to aid Paytm UPI handling”
Tag: Paytm Payments Bank March 15
Paytm moves nodal account to Axis Bank; Soundbox and Card machine to operate post-March 15
One97 Communications has announced that Paytm has moved its nodal account to Axis Bank, ensuring that its QR codes, Soundbox, and Card machines will remain operational beyond March 15, 2024, according to an exchange filing. Continue reading “Paytm moves nodal account to Axis Bank; Soundbox and Card machine to operate post-March 15”