10 May UPI transactions: NPCI’s volume cap circular: Will limits on UPI transaction volumes impact India’s fintech sector?
[ad_1] The National Payments Corporation of India (NPCI) released the “Guidelines on volume cap for Third Party App Providers (TPAP)” (Circular). As per the Circular, effective January 1, 2021, TPAPs are required to ensure that the total volume of transactions initiated through their respective Unified...