Paytm Payments Bank update: RBI announces more steps for UPI customers using @paytm handle

The Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank will no longer accept credits into customer accounts and wallets after March 15, 2024. The RBI has instructed the National Payments Corporation of India (NPCI) to consider One97 Communication Ltd (OCL) as a Third-Party Application Provider (TPAP) for UPI operations on the Paytm app.