RBI implement restrictions on Paytm Payments Bank for non compliance of regulations

[Sushubh]

They shouldn't need to i guess. @Paytm probably would get moved to another financial institution.

 

[anmolbhard004]

axis bank I guess

 

[Sushubh]

Deadline extend hogi pakka.

Paytm looking to migrate UPI payments to four banks, eyes TPAP status before March 15

While Yes, Axis and HDFC Bank were in contention from the start, SBI is the fourth bank to get a share of Paytms UPI payment volume.

m.economictimes.com

 

[itzmynet]

Source

 

[Sushubh]

Replies be like but what about Paytm Bank?

 

[Navjot Singh]

Aaj raat koi disturb ni karega.

 

[Sushubh]

@Paytm UPI handle will continue to work seamlessly | Paytm Blog

paytm.com

 

[Navjot Singh]

It's been almost a month and Paytm is not refunding my security deposit. I even completed the KYC for the wallet and just before performing the refund, they disabled the wallet citing no KYC. I gave them my bank account details but they can't do it.

 

[Jonas]

My security deposit got refunded in a matter of few days while it was and still asking me to do the KYC again.

 

[Sushubh]

Source