NPCI approves 20 third-party UPI applications in 2024
National Payments Corporation of India issued regulatory approval batch on December 30, 2024.
- Primary
- National Payments Corporation of India
- Structure
- regulatory approval batch
- Date
- December 30, 2024
- Sub-sector
- Payments
Record approval of 20 third-party UPI apps in 2024 signals regulatory openness to fintech expansion in India's payments ecosystem, with new entrants leveraging UPI as gateway to higher-margin lending and insurance.
Source: rediff.com