Key Points
The State Bank of India has reportedly partnered with Paytm parent organisation One97 Communications for its consumer UPI payments..
Since the Reserve Bank of India imposed business restrictions on the payments bank, One97 Communications has been trying to enter into partnerships to become a third-party application provider (TPAP)...
Earlier, Paytm had partnered with Axis Bank, Yes Bank and HDFC Bank for third-party application provider (TPAP) partnerships, Moneycontrol reported...
The National Payments Corp of India (NPCI) is likely to approve a third-party application provider (TPAP) license for Paytm by March 15...
The TPAP license will allow customers to continue using the Paytm app for payments through unified payment interface (UPI), even as its banking arm, Paytm Payments Bank, ceases operations by March 15, following regulatory action due to issues of non-compliance...
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