Author: QH team

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Meta Platforms will face fresh lawsuits in Japan over advertisements that fraudulently solicited investment funds with fake endorsements from celebrities.Around 30 plaintiffs will seek at least 300 million yen ($2 million) from the US technology giant and its Japanese arm, arguing that they failed to do enough to prevent the scams, Kyodo News reported, citing lawyers for the plaintiffs. Among the names of noted people used in the adverts are Japanese entrepreneur Yusaku Maezawa, founder of online fashion retailer Zozo Inc, the report added.The plaintiffs viewed the fake advertisements before being directed to transfer money to designated investment accounts, the lawyers…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Reserve Bank of India Governor ShaktiKanta Das said on Friday the country’s inflation is moderating, but the central bank will be vigilant to risks of an overshoot from unexpected weather-related and geopolitical events.India’s economy is expanding at a solid clip with the balance of growth and inflation “well-poised,” Das said in an event hosted by the Peterson Institute for International Economics in Washington. The economy’s resilience has given India’s central bank scope to focus on taming inflation and keeping it around its 4% target, said Das, who spoke as finance chiefs were meeting in Washington for the for the International Monetary…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…

Paytm’s parent company, One97 Communications Ltd, has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI users. The approval, confirmed in a letter dated October 22, is contingent on compliance with procedural guidelines and circulars issued by NPCI. The NPCI’s nod comes after One97 Communications requested permission in August to onboard new users, a process halted earlier this year due to directives from the Reserve Bank of India. Paytm’s ability to bring in new UPI users was paused following RBI’s instructions in January and February 2024.In its letter, NPCI emphasized that Paytm must adhere…