Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations

Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country’s payments authority, which will enable it to facilitate payments after its banking unit ceases operations. The license will allow customers to continue using the Paytm app for…