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Zaggle Gets NPCI TPAP Approval to Offer UPI Services

18 April 20251 min read
BANKING & FINANCEZaggle Gets NPCITPAP Approval toOffer UPI Services18 April 2025safalsetu.com

Why in the news

A fintech firm cleared a regulatory step that lets it embed UPI in its own app.

About TPAP

  • TPAPs are firms whose apps start and receive UPI payments.
  • Extras include bill payments and mobile recharges.

About NPCI

  • Initiatives: UPI, IMPS, RuPay, BBPS, AePS.

Significance

  • Strengthens Zaggle in digital payments and spend management.
  • UPI is turning into the default payment mode.

Exam angle

  • Full form: Third-Party Application Provider.
  • NPCI CEO: Dilip Asbe.

Test yourself

1. What does TPAP stand for in UPI, as used in the Zaggle approval?

TPAP means Third-Party Application Provider.

2. Who is named as the CEO of NPCI in these notes?

The notes name Dilip Asbe as NPCI's CEO.

3. Zaggle's TPAP approval will let how many ecosystem users make UPI payments?

The notes state over 3 million users.

This topic is part of Daily Current Affairs 18 April 2025 (25 topics).

All topics of the dayDay quizApril 2025

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