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Searched Tag: npci

NPCI allows Paytm to continue UPI operation via SBI, 3 other banks

NPCI grants Paytm lifeline: UPI transactions secure through SBI, 3 other banks

March 14, 2024, 08:40 PM - 2 min read

The RBI has instructed PPBL to halt all deposits, credit transactions, and top-ups in customer accounts by March 15, impacting 30 crore wallets and 3 crore bank customers. Additionally, NPCI has sanctioned One97 Communications Limited (OCL) to operate as a Third-Party Application Provider (TPAP) within a multi-bank framework.

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Google India and NPCI have signed an agreement that will help expand UPI payments to countries outside India.

Google Pay signs pact with NPCI to extend UPI payment services beyond Indian borders

January 17, 2024, 03:20 PM - 2 min read

The deal focuses on easing the process of remittances between countries by utilising the UPI infrastructure, thereby simplifying cross-border financial exchanges.

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