Paytm shares rise 5% on getting approval to become a third-party UPI app
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Driven by the growth of credit on the platform, UPI is targeting 2 billion transactions a day which pegs the growth opportunity in merchants and users at more than 3 times
Bank account-to-account transactions continue to remain free for customers and merchants, says UPI operator NPCI.
The current limit on WhatsApp Pay user base in India still remains way below the total number of subscribers the messaging application has in the country.
NPCI had confirmed that the more than 80% of self-certified syndicate banks (SCSBs), sponsor banks and UPI apps have conducted the required system changes.