News > Paytm may tie-up with these 4 banks for UPI transactions: Report
Paytm may tie-up with these 4 banks for UPI transactions: Report
26/02/2024 09:20 PM | Click to read full article
Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI). The Reserve Bank of India has asked Paytm Payments Bank to wind down its business by March 15, leading to disruption for the popular payment app. UPI is India's real-time payments system, operated by the NPCI, that allows users to transfer money across banks.
