RBI Bans Paytm Wallet, UPI, FASTag After February 29; No New Customers Can Join Paytm Payments Bank

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The Reserve Bank of India (RBI) has prohibited digital payments bank Paytm Payments Bank from taking on new customers citing persisting non-compliance issues revealed during an external IT systems audit directed last year. The ban extends to adding funds across existing accounts like mobile wallets or UPI IDs from March 1st. Paytm Payments Bank has […]

The post RBI Bans Paytm Wallet, UPI, FASTag After February 29; No New Customers Can Join Paytm Payments Bank appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

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