Paytm gets third-party app license from NPCI to perform UPI transactions
Paytm, the leading digital payments platform in India, has been granted a third-party application provider license by the country's payments authority. License to ensure seamless payments The newly acquired license enabled Paytm to serve as a third-party application provider, allowing customers to conduct transactions through India's unified payment interface. Partnerships with leading banks Axis Bank, HDFC Bank, State Bank of India, and Yes Bank have been designated as payment system provider banks for Paytm, as announced by the National Payments Corporation of India. As Paytm embarks on its journey as a licensed third-party application provider, the company reaffirms its commitment to delivering seamless and secure digital payment solutions to millions of users across India.
What is happening with Paytm? Is it working now, can you UPI, and other FAQs answered
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