Traders Body Asks Vendors to Switch From Paytm

2024 • 11min • News • Business


Published On: February 05, 2024 - India's trade body - Confederation of All India Traders (CAIT) - has issued an advisory asking businesses to leave Paytm and move to alternate payment applications. The advisory of India’s trade body comes after the clampdown on fin-tech firm Paytm from the Reserve Bank of India (RBI). The RBI has put in several restrictions on Paytm Payments Bank which include adding amounts to the wallet, accepting deposits, making transactions, etc. after February 29. Join News9’s Shweta Kothari and Kartik Malhotra for more details.