Mumbai, Dec. 29 -- Rediff.com Indiaannounced that it has received final approval from the National Payments Corporation of India (NPCI) for its Third-Party Application Provider (TPAP) license, paving the way for the rollout of its digital payments platform, RediffPay. With this approval, the company has commenced Closed User Group (CUG) testing-an essential step before entering the Unified Payments Interface (UPI) ecosystem-and is preparing to launch India's first UPI app built around financial-wellness-customer-centric UPI payment app designed to encourage saving, investing and responsible access to credit.
Published by HT Digital Content Services with permission from Capital Market....