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Nepal Investment Summit Concluded | New Spotlight Magazine
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Australian Investment Paves the Way for First Luxury Resort in Nepal s Picturesque Rara Lake Region
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Latest News | Industry Keenly Awaiting Implementation of 30 Pc UPI Market Share Cap by NPCI
latestly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latestly.com Daily Mail and Mail on Sunday newspapers.
As the deadline looms for the NPCI s 30% UPI market ceiling, industry players are eagerly anticipating the upcoming measures to meet this cap by January 1. The National Payments Corporation of India (NPCI) recently extended the deadline for third-party UPI players to comply with the 30% volume cap in digital transactions to December 2024. Currently, major TPAPs like Google Pay and PhonePe hold an 85% share in UPI transactions. NPCI, the operator of UPI for real-time payments, is set to outline strategies to enforce the 30% market ceiling to mitigate concentration risks.