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10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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NPCI extends UPI volume cap compliance deadline
Mint Mumbai
|January 01, 2025
NPCI had earlier said no app could account for more than 30% of UPI transaction volumes
In a move that will bring relief to apps providing UPI services, the National Payments Corporation of India (NPCI) has extended by two years the deadline for third-party application providers (TPAPs) to comply with limits on UPI transaction volumes processed by them. The retail payments regulator also eased restrictions on WhatsApp Pay and allowed it to extend its services to all its users.
"Considering various factors, the timeline for compliance of existing TPAPs who are exceeding the volume cap, is extended by two years till December 31, 2026," NPCI said in a circular issued on Tuesday.
NPCI had earlier said that no UPI (unified payments interface) app could account for more than 30% of UPI transaction volumes, but the deadline for TPAPs to comply with this limit has now been extended twice already.
यह कहानी Mint Mumbai के January 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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