Listed fintech SaaS startup Zaggle has received approval from the National Payments Corporation of India (NPCI) to operate as a third party application provider (TPAP).
The move will now allow the startup to offer Unified Payments Interface (UPI) services directly through its platform, empowering over 3 Mn users across its digital ecosystem.
For the uninitiated, TPAP licence allows a company to offer UPI services to users via a payment system provider (PSP) bank.
The licence will also let Zaggle…