Paytm integrates with Axis Bank, HDFC Bank, State Bank of India (SBI) following NPCI approval on March 14, 2024 for onboarding OCL as Third Party Application Provider (TPAP) on Multi Payment Service Provider API model Has accelerated. Yes Bank.
All four banks are now working on TPAP, simplifying the process for Paytm to transfer user accounts to these PSP banks.
The company has started migrating '@paytm' handle users to these banks to ensure seamless UPI payments.
“We are committed to expanding the UPI ecosystem to every corner of India in partnership with NPCI,” a Paytm spokesperson said.
Leveraging the strong infrastructure of its banking partners, Paytm ensures seamless and secure UPI payments for both users and merchants through the Paytm app.
All four banks are now working on TPAP, simplifying the process for Paytm to transfer user accounts to these PSP banks.
The company has started migrating '@paytm' handle users to these banks to ensure seamless UPI payments.
“We are committed to expanding the UPI ecosystem to every corner of India in partnership with NPCI,” a Paytm spokesperson said.
Leveraging the strong infrastructure of its banking partners, Paytm ensures seamless and secure UPI payments for both users and merchants through the Paytm app.
