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New Relief for Paytm.

New Relief for Paytm. 



As we all know Paytm got banned after notice from RBI (Central Bank of India) but now there are some reliefs for Paytm.


Paytm is a fintech company that provides services like online money transfer, Bill payments, etc, and covers 33% market share.


Recently RBI asked NPCI (National Payments Corporation of India) an Indian government company to approve the Paytm application for becoming a third-party app for online payments.


Only after this approval Paytm can use its merchant service in the future other they have to get help from other banks.


The actual reason why Paytm gets banned.

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