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Paytm gets NPCI nod to onboard new UPI users
Indian Fintech Paytm's Shares Jump on Nod for Signing New Digital Payment Users
(Reuters) - Shares of Paytm rose 5% on Wednesday after India's payments regulator said the fintech company could sign new users for its key digital payments business, removing a key overhang since a central bank-ordered ban on its banking unit.
Indian payments firm Paytm's shares jump as nod for new UPI users clears key risk
(Reuters) -Shares of Indian fintech firm Paytm jumped nearly 6% on Wednesday after the country's payments regulator allowed the company to sign new users for digital payments via UPI, which analysts said removed a key regulatory overhang.
Paytm Shares Surge as NPCI Clears UPI Onboarding
Paytm shares rose over 8% after the NPCI approved the company to onboard new UPI users, providing a significant relief following RBI's restrictions earlier. The NPCI's approval allows Paytm to operate as a Third-Party Application Provider through four banks,
Paytm share price in focus after NPCI approval to onboard new UPI users
Paytm received NPCI approval for adding new UPI users which paves the way for re-accelerating its dwindling user base and further signaling an easing of regulatory stance, analysts said.
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, following compliance with regulatory standards.
Paytm gets NPCI nod to onboard new UPI users
One 97 Communications, which owns brand Paytm, has received approval from the National Payments Corporation of India (NPCI) to onboard new Unified Payment Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on addition of new customers.
India's Paytm gets approval from payments authority to enroll new UPI users
India's Paytm said late on Tuesday it received approval from the country's payments authority to onboard new unified payment interface (UPI) users, providing some relief for the financial services firm after a central bank-ordered ban on its banking unit.
Paytm shares jump over 8 pc on getting NPCI nod to onboard new UPI users
Shares of One97 Communications, the parent of Paytm, on Wednesday surged more than 8 per cent after the National Payments Corporation of India (NPCI) gave the nod to Paytm to onboard new UPI users, su
Paytm Shares Jump 6.50% On Getting NPCI Nod To Onboard New UPI Users
The NPCI nod is expected to come as a relief to Paytm, which had suffered a blow following the Reserve Bank of India's restrictions earlier this year on associate company Paytm Payments Bank Limited (PPBL) in onboarding new UPI users on the Paytm app.
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Paytm Gets Green Light for UPI Expansion
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