Flipkart UPI: The trend of digital payments in India has increased rapidly in the last few years, and is continuously increasing. This is the reason why the business of platforms like Paytm, PhonePe, Google Pay, Amazon Pay is also growing rapidly. Now e-commerce company Flipkart has also entered this business. Flipkart has also launched UPI service, through which users will be able to pay for their goods and services. Flipkart launches payment service Flipkart’s UPI service will work in the same way as the UPI service of e-commerce website Amazon.…
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Which services of Paytm will continue even after 29th February
Paytm: The Reserve Bank of India took a strict action against Paytm Payments Bank Limited last Wednesday i.e. 31 January. RBI has banned the services of Paytm Payments Bank Limited under Section 35A of the Banking Regulation Act 1949. Paytm has been accused of irregularities in banking regulation, due to which RBI has taken such a big action. RBI took strict action After this action of RBI, users will not be able to use many facilities like Paytm Wallet, Deposit, Credit, Transaction, Top-up, Fastag Payment, NCMC Cards, UPI, and Fund…
Read MoreRBI bans Paytm services, know which apps to use for payment now
Paytm Payment Banks: The Reserve Bank of India (RBI) on Wednesday announced a ban on Paytm Payments Bank Limited (PPBL) from February 29, 2024. This means that from February 29, 2024, Paytm Payments Bank Limited will be barred from onboarding new customers, accepting deposits and top-ups to any customer accounts, wallets and FASTags. However, the Reserve Bank of India issued a notification on its website saying that some services of Paytm will be allowed such as the balance remaining in the wallet will be transferred to the customer’s savings account.…
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