Paytm share price in focus after NPCI approval to onboard new UPI users

Paytm share price will be on investors’ radar Wednesday after the company received approval to onboard new users for its UPI application. Paytm shares gained as much as to ₹apiece on the BSE.

One 97 Communications, the parent company of fintech major Paytm, said that the National Payments Corporation of India (NPCI) has granted its approval to the company to onboard new Unified Payments Interface (UPI) users while adhering to NPCI’s procedural guidelines and circulars.