New Relief for Paytm.
As we all know Paytm got banned after notice from RBI (Central Bank of India) but now there are some reliefs for Paytm.
Paytm is a fintech company that provides services like online money transfer, Bill payments, etc, and covers 33% market share.
Recently RBI asked NPCI (National Payments Corporation of India) an Indian government company to approve the Paytm application for becoming a third-party app for online payments.
Only after this approval Paytm can use its merchant service in the future other they have to get help from other banks.
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