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Friday, 24 March2023

India Bans Non-Chinese Digital Payment Apps Including PayU's LazyPay Amid Rising Tensions

India Bans Non-Chinese Digital Payment Apps Including PayU's LazyPay Amid Rising Tensions

<p>The Indian government has banned several non-Chinese apps, including Paytm and LazyPay, citing security concerns. The move comes as the government aims to promote the use of domestic apps and reduce the dependence on foreign companies for digital services. This ban could have significant impacts on the fintech industry and the millions of users who rely on these apps for their financial transactions.</p>

Read full story at Economic Times
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