Tata Group to launch UPI App

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The Tata Group may soon be competing with top digital payment apps like Google Pay, Phonepe and Paytm.

The report further said that the company is seeking clearance from the National Payments Corporation of India (NPCI) before launching a third-party payments service provider. The platform will use Unified Payments Interface (UPI) for the transactions.

The UPI App will be under Tata Group's digital commerce unit, Tata Digital. It is also, reportedly, in talks with ICICI Bank to power its UPI system.

 
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