Learn how to deactivate your Paytm Fastag account, transfer the balance to a new account, and get a refund. Find out the steps to follow and the options available to Paytm Fastag users.
The Reserve Bank of India has approved the migration of Paytm s UPI-based payments business from Paytm Payments Bank to other banks, including Axis Bank, to ensure compliance and business continuity. The move brings Paytm on par with other fintechs offering payment services through UPI.
As Paytm Payments Bank announced to shift its nodal account to Axis Bank by opening an escrow account, speculations started on which bank or financial services major is vying to get what businesses at the Paytm subsidiary as the Reserve Bank of India s (RBI) March 15 deadline looms.
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As Paytm Payments Bank announced to shift its nodal account to Axis Bank by opening an escrow account, speculations started on which bank or financial services major is vying to get what businesses at the Paytm subsidiary as the Reserve Bank of .