Meaning
TPAP stands for Third Party App Provider. It refers to non-bank apps that offer UPI services to users, in partnership with banks (PSPs).
Definition
The definition of TPAP is a technology company or app that enables UPI transactions through user-friendly platforms like Paytm.
Role in UPI
- Provides UPI interface to users
- Works with banks (PSPs) to connect with NPCI
- Handles onboarding, payment requests, and user authentication