Paytm’s NUE edge
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Though the race for a new umbrella entity (NUE) licence from the Reserve Bank of India includes consortia led by Amazon, Tata and Reliance,
Paytm CEO Vijay Shekhar Sharma believes his consortium has the edge as it includes a diverse set of companies.
In an interview with ET, Sharma said the Paytm-led NUE could focus on creating national payment networks in the space of transit, remittance and business payments among merchants.
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