ZET has received approval from the National Payments Corporation of India (NPCI) for a Third-Party Application Provider (TPAP) licence, clearing the way for it to operate on the UPI network. The licence lets the credit-focused platform offer UPI-based payments directly to its users. It marks ZET's formal entry into the UPI ecosystem and extends the product beyond its core in affordable credit.
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Credit: Elets BFSI