Paytm Payments Bank outperforms UPI players; NPCI calls it the best tech for UPI payments
PPBL has the lowest technical decline rate at 0.02% among all UPI remitter banks
All other major banks have a way higher technical decline rate of around 1%
For other banks, UPI transactions are carried out via third-party players
PPBL is the only bank in the country that organically drives UPI transactions from Paytm’s ecosystem
Paytm Payments Bank already has over 100 million UPI handles on its platform