TPAP
NPCI grants TPAP approval to Viyona Fintech
This milestone enables Viyona to offer Unified Payments Interface (UPI) services in collaboration with partner banks, further strengthening India's expanding digital payments ecosystem, Viyona Fintech said in a statement.
Paytm explains on Google Play Alert, No issues with Paytm UPI, Only Recurring Payments to be Updated to New UPI handles
Paytm has clarified that Google Play's notification regarding UPI handle changes was potentially misleading. The company assures users that regular UPI payments remain unaffected, with the update only impacting recurring transactions. Users need to switch their @paytm handle to a bank-specific one like @pthdfc before August 31, 2025, as part of Paytm's transition to a Third Party Application Provider.
Paytm clarifies no disruption to UPI payments following Google Play alert
Paytm clarifies Google Play's alert about UPI handle changes. There is no disruption to regular UPI payments. Only recurring payments need updates. Users must change their @paytm handle to a bank-linked handle. This change is due to NPCI's TPAP migration. The deadline for updating recurring mandates is August 31, 2025. Paytm reassures customers that all other UPI transactions remain unaffected.
Time for a raft of reforms to make fintech sector leaner, more inclusive and resilient to risks
India is set to reform its fintech sector. The focus is on innovation and competition. Reserve Bank of India may simplify regulations. It may allow Non-Banking Financial Companies to issue Unified Payments Interface credit lines. Revamping New Umbrella Entity framework is also on the cards. No-action letters may encourage innovation. Digital bank licensing is also a possibility.
Subsidy outlay of Rs 437 crore for UPI, RuPay transactions may be revised upward: SBI economists
SBI economists say the Rs 437 crore subsidy for UPI and RuPay in FY26 may be increased, as UPI participants face costs up to Rs 5,000 crore. They raised concerns over the dominance of PhonePe and Google Pay, urging support for domestic fintech and better data reporting across more merchant categories.
India needs a 'Desi Counter Intuitive UPI App' to truly leverage data: SBI Report
A State Bank of India report suggests India requires a domestic UPI application. This app will help leverage data and reduce dependence on foreign platforms. Currently, PhonePe leads in UPI transactions, followed by Google Pay and Paytm. The report highlights that concentrating transactions among a few apps may hinder India-centric fintech innovation.
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TCS rolls out pay hikes; Paytm trims headcount in FY25
Weeks after announcing massive layoffs, TCS said it will raise salaries for 80% of its workforce. This and more in today’s ETtech Top 5.
BharatPe turns profitable, reports adjusted profit before tax of Rs 6 crore
ET reported on August 1 that the company is expecting to report a profit before interest, taxes, depreciation and amortisation in its fiscal 2025 results, and is eyeing funding of $100 million.
New UPI rules from August 1, 2025: These new payment guidelines could affect your daily transactions from today
New UPI rules: To improve UPI transaction efficiency, NPCI is introducing new guidelines effective August 1, 2025. These include capping balance inquiries, limiting account access requests, and setting time windows for auto-debits. Payment service providers must comply by July 31, 2025, or face penalties, API restrictions, or suspension of new customer onboarding.
BharatPe firmly on profitability track, eyes $100 million round
BharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to post its first annual profit this fiscal, signalling a clean break from its turbulent past. Over the past two years, BharatPe has tightened its belt and pushed revenue growth, turning the business cash-positive month on month.
Loan via UPI: Soon you can use UPI to withdraw money from credit line taken against property, gold, FD, share, MFs, others
Starting next month, NPCI's new guidelines will allow users to access loan amounts against their FDs, shares, gold, and property directly via UPI. This will also enable cash withdrawals, P2P, and P2PM transactions, expanding beyond the previous P2M limitations, allowing smooth transactions using various apps. All stakeholders have been asked to put the necessary infrastructure in place before August 31, 2025
Paytm shares continue to rally on profit expectations ahead of Q1 results
Shares of Paytm's parent, One97 Communications, have surged more than 6% in the week ahead of the company's June quarter results, inching closer their 52-week high. As recent market momentum looks promising, analysts have projected profitability in the quarter under review.
Paytm stock hits Rs 1,000-mark on business recovery, revenue growth
Shares of Paytm's parent company, One 97 Communications, have recovered significantly. The stock has seen a substantial rise over the past year. This rebound follows regulatory challenges faced by the company. Paytm has received approval to restart onboarding UPI customers. The company is working with partner banks to expand its UPI services.
Paytm focusing on consumer payments business: CEO
Paytm is prioritizing rebuilding its consumer payments business after facing regulatory setbacks. The company lost a significant number of users due to RBI restrictions on its payments bank operations. To regain lost users, Paytm is focusing on the consumer payments business and exploring new opportunities like the Third-Party Application Provider (TPAP) model.
BharatPe taps into consumer payments segment with launch of UPI offering
With this, there are now two apps available in the public domain: BharatPe (earlier postpe), and BharatPe for Business.
You will have to change your @Paytm UPI handle; here's how to activate new UPI ID on Paytm app
How to activate new UPI ID on Paytm app: Paytm can now provide UPI services through partner banks. After the approval, Paytm has expedited the integration with Axis Bank, HDFC Bank, State Bank of India and YES Bank.
Industry keenly awaiting implementation of 30 pc UPI market share cap by NPCI
As the deadline looms for the NPCI's 30% UPI market ceiling, industry players are eagerly anticipating the upcoming measures to meet this cap by January 1. The National Payments Corporation of India (NPCI) recently extended the deadline for third-party UPI players to comply with the 30% volume cap in digital transactions to December 2024. Currently, major TPAPs like Google Pay and PhonePe hold an 85% share in UPI transactions. NPCI, the operator of UPI for real-time payments, is set to outline strategies to enforce the 30% market ceiling to mitigate concentration risks.
Paytm is changing your UPI ID. Here's all you need to know
NPCI approves Paytm's OCL to migrate users to major banks for UPI. PPBL issues force transition. New UPI IDs introduced. Merchants impacted by changes.
Do you have a @Paytm UPI handle? 4 things you should know to migrate your UPI handle
Can you use Paytm UPI handle after March 15: Customers and merchants who have UPI addresses or handles other than '@paytm' have no obligation to change them and can continue to use them.
Paytm shares jump 5%. How good is the TPAP news for shareholders?
One97 Communications shares surged 5% to Rs 370.90 on BSE as NPCI approved Paytm for UPI. YES Bank will be payment provider and merchant acquiring bank. Jefferies compares Paytm's model to PhonePe, Google Pay.
RBI takes more actions on Paytm Payments Bank; Check details if you have @Paytm UPI handle
The Reserve Bank of India (RBI) has taken steps to ensure seamless digital payments for UPI customers using the @paytm handle, as Paytm Payments Bank won't accept further credits after March 15, 2024. The RBI advises NPCI to examine Paytm's request to become a Third-Party Application Provider for UPI. @paytm handles must migrate seamlessly to newly identified banks to avoid disruption.
NPCI in talks with RBI on UPI volume cap deadline
NPCI in November 2022 had proposed a 30% volume cap for third-party app providers (TPAP) in a bid to avoid concentration risk.
NPCI in talks with RBI on UPI volume cap deadline
NPCI in November 2022 had proposed a 30 per cent volume cap for third-party app providers (TPAP) in a bid to avoid concentration risk.
HDFC Bank updates UPI terms and conditions
The Terms and Conditions for HDFC Bank's Unified Interface Payment System have been revised, according to the bank's website.
NPCI’s volume cap circular: Will limits on UPI transaction volumes impact India’s fintech sector?
Being the sole umbrella organization for retail payments in India, NPCI is in a dominant position. Given the current regulatory framework, UPI would be considered to be an essential facility which cannot be recreated by NPCI’s competitors.
Financial operations of Facebook, Google, Amazon regulated: RBI and Sebi tell Delhi High Court
The Securities and Exchange Board of India (Sebi) has also said that it has constituted a Market Data Advisory Committee "to recommend appropriate policy for access to securities market data, identify segment wise data perimeters, data needs and gaps, recommend data privacy and data access regulations, etc".
How WhatsApp got UPI licence: SC seeks reply from NPCI
The Supreme Court on Monday asked National Payment Corporation of India (NPCI) to file an affidavit explaining how WhatsApp was granted licence to commence app-based UPI payment services after RBI informed the court that NPCI was the owner and operator of UPI system.
Concerns over transactions on third party apps like GPay can be redressed: NPCI
The NPCI said that "malicious news" is floating on social media which suggests that transferring money through Google Pay is not protected by the law, since the app is unauthorised.
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