ET Explainer: why NPCI nod for Paytm UPI onboarding matters

While NPCI has given the green light, it comes with strict conditions. Paytm must adhere to NPCI’s procedural guidelines, particularly around risk management, app branding and QR code usage. The approval is also tied to compliance with the Payments and Settlement Act, 2007, the Information Technology Act, 2000, and the Digital Personal Data Protection Act, 2023.
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