Paytm mobile payments warned told that complying to regulations is not “optional”

Mobile payments - Breaking Rules - India

The popular service was found to have failed to comply with the law in India, where it is popular. Popular mobile payments service provider, Paytm Payments Bank, is at the heart of a controversy in India, where it is highly popular. The company has been accused of failing to realize the need to comply with legal regulations. Union minister Rajeev Chandrasekhar said no company can get away with such actions. The union minister was making reference to the Reserve Bank of India’s regulatory action on the mobile payments and financial…

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Paytm now enabled for third party UPI app mobile payments

Mobile payments - Person using payment app

The Indian company has now officially announced the implementation of this new app feature. Paytm, a mobile payments company from India, has announced that it has implemented a new feature making it possible to make UPI transactions to phones registered with third party UPI applications. The goal of the feature is to make it faster and easier for users to complete money transfers. By using this new feature, Paytm users can use the mobile payments app to complete money transfers quickly and easily when sending to any phone number, even…

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