These new features follow recent approval from the National Payments Corporation of India (NPCI), allowing Paytm’s parent company, One 97 Communications Limited, to start onboarding new UPI users again.
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One 97 Communications Ltd, the parent company of Paytm, a payments and financial services distribution company in India, has introduced the nation's first "Paytm NFC Card Soundbox."
The parent company of Paytm, One97 Communications, revealed on June 10 that it is implementing a restructuring plan that includes the layoff of an unspecified number of employees.