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Prepaid Wallet License

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Prepaid Wallet Interoperability: What RBI’s Master Di...

Government of India and the Reserve Bank of India (RBI) have taken several steps and initiated frameworks for encouraging digital payments.The roll outs of...

Growth of Prepaid Digital Solutions Sector in India...

With rising demand for cashless payments and changing digital landscape, the Indian Fintech sector has recorded strong growth. We have reacted fast to the...

A Beginner’s Guide to Virtual Wallet PPI in India...

Digital transactions are becoming the most convenient mode of payment for goods and services. Such transactions had gained pace, with an increase in the us...

PPI Licence Eligibility Requirements, Documents, and St...

The Reserve Bank of India regulates Prepaid Payment Instruments or PPI Licences under  Section 10(2) of the PSS Act, which empowers the RBI to issue g...

What are the types of prepaid payment instruments?

For the past few years, many payment modes have been introduced and approved by RBI, which has facilitated the purchase of goods and services. One such tec...

How to obtain a Prepaid Wallet License in India?

In a bid to make the payments process fast and easy, the Reserve bank has introduced various measures. One of those measures is Prepaid Wallet or the Payme...

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Prepaid Payment Instruments– Say goodbye to your card...

If an individual is planning to start a Prepaid Payment Instrument (PPI), obtaining Prepaid Wallet License is an absolute necessity. Prepaid Payment Instru...

All You Must Know About Semi Closed Wallet

In India, currently in the area of non-cash transactions, the demand for e-wallet, Payment Wallet or Semi-Closed Wallet has been increased and appearing as...

A Step to Make PPI System Powerful in India!

Now Fund Transfer between Mobile Wallets through UPI (Unified Payments Interface)! With recent RBI notification, mobile users will be able to transfer mone...

Semi-Closed Wallet Registration

Semi-Closed Wallet Registration with RBI Semi-Closed Wallet Registration - All non-banking entities looking to issue such instruments shall seek authorizat...

Legal Framework in India for Payment Gateway

Legal Framework in India for Payment Gateway The Basic &Primary Act governing pre-paid instruments in India is Payment & Settlements Act, 2007. The...

Introduction to Prepaid Payment Instruments

PPI (Pre-paid Payment Instruments) is one of the payment instruments that enable the transactions like buying of goods & services, comprising of funds...

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