Paytm gets NPCI nod to onboard new UPI users months after RBI restrictions

One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users.

This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.