Paytm shares to remain in focus after NPCI nod to add new UPI users

Shares of One97 Communications, the parent company of Paytm, are set to be in focus today following the company’s announcement on Tuesday regarding its approval from the National Payments Corporation of India (NPCI) to resume onboarding new users onto its Unified Payments Interface (UPI) platform.

NPCI Approval to Resume Onboarding

In its exchange filing, the company stated, “We would like to inform you that vide letter dated October 22, 2024, the National Payments Corporation of India (NPCI) has granted approval to the company to onboard new UPI users, with adherence to all NPCI procedural guidelines and circulars.”