RBI issues Master Directions on Prepaid Payment Instruments (PPIs)
The Reserve Bank of India (RBI) in its notification dated 28th August 2021 issued Master Directions on Prepaid Payment Instruments
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PPI
RBI relaxes timeline for Payment Systems compliances
The Reserve Bank of India, through its circular dated 21st May, 2021, has relaxed timeline for a number of payment
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PPIs interoperability to be achieved by March 2022: RBI
RBI has issued a notification mandating interoperability amongst Prepaid Payment instruments (PPI) cards and PPI e-wallets issued by banks and non-banks. The interoperability should be enabled
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