@Paytm UPI handle to be easily migrated from Paytm Payments Bank: RBI | Company News

@Paytm UPI handle to be easily migrated from Paytm Payments Bank: RBI |  Company News

The Reserve Bank of India (RBI) on Friday said Paytm’s Unified Payments Interface (UPI) handle, @paytm, can be smoothly transferred from Paytm Payments Bank to a group of newly identified banks after March 15 to minimize disruptions. will be given. RBI has barred Paytm Payments Bank from accepting fresh credit to its customer accounts or […]

RBI allows banks, non-banks to issue PPIs to public transport passengers. finance news

RBI allows banks, non-banks to issue PPIs to public transport passengers.  finance news

The Master Guidelines on PPI were originally issued by RBI in 2021 The Reserve Bank of India (RBI) on Friday amended the Master Direction on Prepaid Payment Instruments (PPIs), allowing banks and non-bank PPI issuers to offer these instruments for public transport. “In order to provide convenience, speed, affordability and security of digital modes of […]