4/2/2024, 3:40:03 pm

India's trade body CAIT asks brick-and-mortar businesses to drop Paytm

Amidst RBI's crackdown on Paytm, CAIT advises brick-and-mortar businesses in India to switch to other payment apps for financial transactions. RBI's restrictions have prompted concerns among traders and vendors who heavily rely on app. CAIT urges users to take proactive measures to protect their funds and proposes direct UPI transactions or payment apps offered by individual banks as alternatives.