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Paytm gets green light from NPCI to onboard new UPI users

  • Paytm has received approval from NPCI to resume onboarding new UPI users.
  • Paytm's new UPI registrations were halted in January and February 2024 by RBI.
  • The approval comes with conditions including adherence to NPCI guidelines and data protection measures.
  • Paytm had to migrate 13.5 crore UPI users to its new system following RBI's mandate.

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