India, April 29 -- The National Payments Corporation of India (NPCI) is set to meet smaller players in the Unified Payments Interface (UPI) ecosystem at its Mumbai headquarters on Thursday, April 30, to discuss proposals aimed at boosting competition, including preferential incentives, early access to new features, and a review of Autopay-related restrictions, people familiar with the developments told Moneycontrol.

The discussions will focus on creating a level playing field between large and emerging third-party app providers (TPAPs), with measures such as relaxed feature parity norms and potential exclusive or early feature rollouts for smaller apps to broaden participation beyond the top players such as PhonePe and Google Pay.

Some ...