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RBI asks NPCI to examine use of UPI channel to allow Paytm app to continue its operations

Paytm app Latest News: While the Paytm Payments Bank cannot accept further credits into its customer accounts and wallets after March 15, 2024, RBI has issued additional steps which are necessary to ensure seamless digital payments by UPI customers using Paytm handle operated by the Paytm Payments Bank, and minimise concentration risk in the UPI system by having multiple payment app providers.

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