Paytm secures NPCI nod for migrating its users to other banks
ETtech.com -

Digital payments company Paytm, which is owned by One 97 Communications, has completed its integration with four banks for Unified Payments Interface-based payment services, the company informed the stock exchanges on Wednesday.These four banks are State Bank of India, Yes Bank, HDFC Bank and Axis Bank. On March 14, National Payments Corporation of India, which manages UPI, had allowed Paytm to migrate into a third-party payment (TPAP) model with these four banks. Now the backend integration is...

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