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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
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Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
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Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
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Can You Withdraw Money From Paytm Bank Account After March 15? RBI Answers
The Reserve Bank of India (RBI) has extended the deadline for the operations of Paytm Payments Bank Limited to March 15, 2024. The central bank had previously been told to stop certain important activities by February 29.
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RBI Addresses Queries On Paytm Payments Bank Operation After March 15
RBI has stopped Paytm Payments Bank from onboarding new customers. The action was triggered by persistent and serious supervisory concerns.
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Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
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EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
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Switch To Other Apps From Paytm, Traders' Body To Businesses: 10 Points
The Confederation of All India Traders (CAIT) has asked traders to switch from Paytm to other payment apps, after the Reserve Bank of India (RBI) ordered Paytm Payments Bank to stop services from February 29 over alleged violations of norms.
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Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
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"End Of Paytm Payments Bank, For All Practical Purposes," Say Analysts
Shares in mobile payments giant Paytm nosedived Thursday after regulators ordered its banking arm to stop accepting fresh deposits, dealing a fresh blow to the fintech firm after years of losses.
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Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
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Paytm Shares Important Update For Its FASTag Users: "You Can Continue..."
The Reserve Bank of India has asked Paytm to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.
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"RBI Doesn't Want...": Ashneer Grover After Curbs Imposed On Paytm Payments Bank
After the Reserve Bank of India (RBI) imposed restrictions on Paytm Payments Bank, BharatPe co-founder Ashneer Grover said that the central bank's move was against the interest of fintech firms.
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Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Will Stop Working On These Mobile Numbers From April 1. Here's Why
UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has directed banks and payment service providers (PSPs) to delink such numbers to prevent fraud and
-
Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
-
Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
-
Can You Withdraw Money From Paytm Bank Account After March 15? RBI Answers
The Reserve Bank of India (RBI) has extended the deadline for the operations of Paytm Payments Bank Limited to March 15, 2024. The central bank had previously been told to stop certain important activities by February 29.
-
RBI Addresses Queries On Paytm Payments Bank Operation After March 15
RBI has stopped Paytm Payments Bank from onboarding new customers. The action was triggered by persistent and serious supervisory concerns.
-
Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
-
EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
-
Switch To Other Apps From Paytm, Traders' Body To Businesses: 10 Points
The Confederation of All India Traders (CAIT) has asked traders to switch from Paytm to other payment apps, after the Reserve Bank of India (RBI) ordered Paytm Payments Bank to stop services from February 29 over alleged violations of norms.
-
Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
-
"End Of Paytm Payments Bank, For All Practical Purposes," Say Analysts
Shares in mobile payments giant Paytm nosedived Thursday after regulators ordered its banking arm to stop accepting fresh deposits, dealing a fresh blow to the fintech firm after years of losses.
-
Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
-
Paytm Shares Important Update For Its FASTag Users: "You Can Continue..."
The Reserve Bank of India has asked Paytm to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.
-
"RBI Doesn't Want...": Ashneer Grover After Curbs Imposed On Paytm Payments Bank
After the Reserve Bank of India (RBI) imposed restrictions on Paytm Payments Bank, BharatPe co-founder Ashneer Grover said that the central bank's move was against the interest of fintech firms.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
