Key Points
Digital payments facility Unified Payments Interface (UPI) for secondary market trading is set to go live from January 1, the National Payments Corporation of India (NPCI) said in a release on Friday...
This facility is similar to Asba (applications supported by blocked amount), used for blocking funds and undertaking multiple debits, popular among investors to purchase shares during the IPO process..
It will now be available for secondary market trading as well.. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisit..
Other stakeholders, including stockbrokers such as Zerodha, banks like Axis Bank, Yes Bank and UPI-enabled apps like Paytm and PhonePe are in the certification stage and set to participate soon, NPCI said.. Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox..
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