Exclusive: UPI apps may get more time to adhere to 30% cap on market share - Economic Times
6/5/2022 12:00:00 AM2 years 10 months ago
by Digbijay Mishra and Tarush Bhalla
by Digbijay Mishra and Tarush Bhalla
In a recent letter to the Reserve Bank of India, the nodal agency has suggested that payment apps be allowed an additional two years to cap market share on the Unified Payment Interface (UPI), according to one person cited above.
Bengaluru: The National Payments Corporation of India (NPCI), which enables the countrys digital payment and settlement systems, may extend the deadline for its contentious mandate requiring payment … [+5068 chars]
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