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Paytm Gets NPCI Approval, Becomes Third-Party UPI App Provider
The National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL), the parent company of Paytm, to operate as a third-party application provider (TPAP) under the multi-bank model for Unified Payments Interface (UPI) services. This long-awaited licence ...

HDFC Bank Leverages UPI for Secondary Market Transactions
HDFC Bank has successfully executed transactions using the NPCI's UPI payments app as part of the UPI for secondary market facility, which went live on January 1st. This move follows Sebi's approval for trading in the cash segment through block mechanism on an optional basis....
How To Set Up *99# Service For Offline UPI Payments?
Nowadays, the majority of us carry little cash or no cash and majorly rely on UPI payments for money transfers or payments. However, using the internet for transactions frequently puts us in uncomfortable situations as the network sometimes causes trouble, which ...
Prepaid Payment Instrument Fees For Merchant Transactions Via UPI: NPCI
National Payments Corporation of India (NPCI) has suggested charging interchange fees on merchant transactions made through Unified Payments Interface (UPI) in a recent circular, first reported by Moneycontrol. According to the NPCI circular, there will be Prepaid Payment Instruments (PPI) fees ...
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