Discussion Paytm NUE

[Bapun]

Paytm’s proposed New Umbrella Entity (NUE) will differentiate itself from rivals in the race to set up the next National Payments Corp of India (NPCI) because of its diverse set of consortium partnerships with a host of financial services and technology players, chief executive Vijay Shekhar Sharma said.

Paytm NUE will stand apart from rivals’, Vijay Shekhar Sharma says

 

[Bapun]

A plan to allow new entities to create digital payment platforms and end the National Payments Council of India’s (NPCI) dominance in online transactions has been put on hold by the regulator over data safety concerns, two people directly aware of the development said.

RBI puts new payment network plan on hold

Data safety woes behind regulator’s move not to go ahead with plan

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