Browsing: prepaid payment instruments

2 min read Last Updated : Apr 25 2024 | 9:26 PM IST The Reserve Bank of India (RBI) has…

The Reserve Bank of India (RBI) has permitted authorised bank and non-bank and non-bank prepaid payment instrument (PPI) issuers to issue…

The Master Directions on PPIs were originally issued by RBI in 2021 The Reserve Bank of India (RBI) on Friday…

The National Payments Corporation of India (NPCI), which operates India’s flagship payments platform, Unified Payments Interface (UPI), on Wednesday clarified…

The Reserve Bank of India (RBI) has mandated that all prepaid payment instruments (PPIs) or wallets that are totally KYC-compliant…

Customers with complete-KYC PPIs of non-bank PPI issuers can also now withdraw money via ATMs and PoS terminals. Until now,…