![The Reserve Bank of India(RBI) in its monetary policy committee(MPC) meeting said that now individuals can make payments from prepaid payment instruments like digital wallets using UPI that too through any third party app. The Reserve Bank of India(RBI) in its monetary policy committee(MPC) meeting said that now individuals can make payments from prepaid payment instruments like digital wallets using UPI that too through any third party app.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Funtitled-design-20240405t134158515jpg_1712304738967.jpg&w=3840&q=8)
April 5, 2024, 01:12 AM - 2 mins read
Currently, UPI Payments from bank accounts can be initiated either by linking a bank account through the UPI application provided by the respective bank or by using any third-party UPI application. This convenience however, has not been extended to PPI’s. Presently, users can only make UPI transactions using the web or mobile application provided by the PPI User.
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February 29, 2024, 08:23 PM - 2 mins read
In a statutory filing on Friday, One 97 Communications (which owns and operates Paytm) said the company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.
Read more![Paytm, the poster boy of India's fintech revolution founded in 2010 by Vijay Shekhar Sharma, has found itself embroiled in a crisis as the Reserve Bank of India (RBI) imposed significant restrictions on its operations. Paytm, the poster boy of India's fintech revolution founded in 2010 by Vijay Shekhar Sharma, has found itself embroiled in a crisis as the Reserve Bank of India (RBI) imposed significant restrictions on its operations.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fqr1jpg_1709117828068.jpg&w=3840&q=8)
February 28, 2024, 02:57 AM - 4 mins read
Known for its versatile payment solutions, e-wallet, and business platforms, Paytm now faces a critical juncture that could shape its future in the dynamic world of digital finance.
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