Thursday, December 26, 2019

Digital Payments: RBI Introduces New Type of Semi-Closed Prepaid Payment Instrument upto Rs.10k

The Reserve Bank of India ( RBI ) has introduced a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs up to Rs. 10,000/- with loading only from the bank account to promote Digital Payments. In a communication issued by the RBI said that, To give impetus to small value digital payments and for […]

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