NPCI could delay implementation of 30% UPI market share cap rule

  • The National Payments Corporation of India (NPCI) has set a limit of 30% market share on UPI for any digital payments entity. The rule is set to take effect from January 2023.
  • NPCI isĀ talking to the government and industry stakeholdersĀ on the implications of delaying its implementation of a market-share cap for UPI apps.