Prepaid Wallet License

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Prepaid Wallet License

RBI Fines Amazon Pay (India) for not Complying with PPI...

PPI

Amazon Pay (India) Pvt Ltd was fined Rs 3.06 crore by the Reserve Bank of India for failing to follow the norms on Know Your Customer (KYC) and Prepaid Pay...

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Prepaid Wallet License

Types of Prepaid Wallet License: A Guide on Different P...

Prepaid Wallet License

The Reserve Bank of India has made numerous initiatives to facilitate payments and make transactions tech-savvy, which has led to the introduction of Payme...

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Prepaid Wallet License

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

Prepaid Wallet Interoperability

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...

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Prepaid Wallet License

Growth of Prepaid Digital Solutions Sector in India...

Prepaid Digital Solutions

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

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Prepaid Wallet License

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

Virtual Wallet

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...

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Prepaid Wallet License

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

PPI Licence Eligibility Requirements

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...

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Prepaid Wallet License

What are the types of prepaid payment instruments?

types of prepaid payment instrument

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...

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Prepaid Wallet License

How to obtain a Prepaid Wallet License in India?

Prepaid Wallet License

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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