Paytm Payments Bank, on Monday, announced that its @Paytm UPI handle has been approved by the Securities and Exchange Board of India (SEBI) to enable payment mandates for IPO applications.“This move b
The Securities and Exchange Board of India (SEBI) has approved Paytm Payments Bank Limited s @Paytm unified payments interface (UPI) handle to enable payment mandates for initial public offerings (IPO) application. This will allow users to invest in capital markets through various brokerage platforms using their @Paytm UPI handle. Paytm Payments Bank has entered into a partnership with Paytm Money to enable payment mandates for IPO applications. Paytm Money, Paytm s stocks and mutual fund investment platform, aims to get more than 10 million users and 75 million yearly transactions in the coming financial year. “By enabling @paytm UPI to apply for IPO we are giving millions of investors the ease of seamless, secure, and rapid payments to help enhance their financial portfolio. We believe that every Indian has a right to access capital markets and benefit from the burgeoning list of successful companies which are listing in the stock market,” said Satish Gupta, MD and CEO
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Yesterday, India’s crypto community rejoiced after the finance minister said the government was “not shutting all options” on cryptocurrencies. But their joy was short-lived, as Reuters reported earlier today that India is set to pass one of the world’s toughest
cryptocurrency laws.
India’s first gaming IPOIndia to ban trading, mining and owning cryptocurrencies
India will propose a law banning cryptocurrencies and will fine anyone trading, mining or even just holding these digital assets, a senior government official told Reuters. It is a huge potential blow to millions of investors piling into the red-hot asset class.
UPI-Help launched on BHIM App for digital payments, All you need to know
Now, users can register any transaction-related complaint online using their BHIM UPI App using UPI-Help. File photo
Updated: Mar 15, 2021, 09:27 PM IST
The National Payments Corporation of India (NPCI) on Monday launched the ‘UPI-help’ on BHIM UPI app as a part of Digi-Help stack by NPCI, to address any issues and complaints that users might have during UPI transactions.
Now, users can register any transaction-related complaint online using their BHIM UPI App using UPI-Help. The new feature will also resolve complaints online for person-to-person transactions.
In case of pending transactions where no action is taken by the user, the UPI-Help shall also proactively attempt to auto update the final status of the transactions on the app.