The National Payments Corporation of India (NPCI) has an important message for third-party UPI apps like Google Pay, Paytm, PhonePe etc. and others. In a circular issued recently, NPCI has asked third-party apps and banks to deactivate the UPIIDs and numbers that have been inactive for more than a year. For those unaware, NPCI is …
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. The Vijay Shekhar Sharma-led fintech platform said in a regulatory filing that on an average 9.4 crore users transacted through Paytm monthly during July and August this year, …
India has maintained a rather sceptic stance towards accepting cryptocurrencies as part of its financial systems, but is keeping an open approach towards exploring blockchain technology. The National Payments Corporation of India (NPCI), on August 29, announced the launch of Falcon — an open-source project that aims to simplify the management and use of blockchains …