Currently, UPI Payments from bank accounts can be initiated either by linking a bank account through the UPI application provided by the respective bank or by using any third-party UPI application. This convenience however, has not been extended to PPI’s. Presently, users can only make UPI transactions using the web or mobile application provided by the PPI User.

In a statutory filing on Friday, One 97 Communications (which owns and operates Paytm) said the company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.

Known for its versatile payment solutions, e-wallet, and business platforms, Paytm now faces a critical juncture that could shape its future in the dynamic world of digital finance.