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Looking to secure your prepaid wallet license in India? Connect with our regulatory consultants at Enterslice to take the first step towards launching your prepaid payment instrument (PPI) business in full compliance with the RBI guidelines in India.
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Types Procedure Timeline Documents Required Benefits Eligibility Top Industries Post Compliance Classification Why Choose Us Schedule Meeting Understanding Prepaid Wallet License A prepaid wallet license, also known as a Prepaid Payment Instrument (PPI), is a license granted allowing a significant instrument to facilitate the purchase of goods and services against the stored value of such instruments. PPI, also known as pre-loaded cards or digital wallets, are used for making digital transactions. They simply serve as a reliable mode of payment that promotes transparency, versatility, and financial accountability. Prepaid payment wallet, also termed as e-wallets has increasingly become popular as a convenient substitute for cash transactions. It enables users to transfer funds and pay for goods and services, which can be loaded through cash, bank transfers, or credit cards. The PPIs, which is an instrument that enables users to conduct digital transactions, have emerged as an effective strategy for cashless exchange in today’s digital age. Connect with Enterslice to get expert assistance in launching and managing your digital payment solutions with ease. 100% online RBI-Compliant licensing process Access to India’s regulatory growing digital payment markets Enhanced customer loyalty through prepaid cards and wallet offers Open to startups, NBFCs, corporates and aggregators Regulatory approval from RBI for trust and credibility Seamless integration with UPI, QR codes and payment gateways Eligibility for fintech partnerships and government schemes Supports multiple use cases, bill payments, transfers, and e-commerce Partner with Enterslice and Get a PPI License! Connect Enterslice to obtain a PPI License, enabling you to launch and scale your digital payment brand into the booming fintech space of India. Get Started Now Types of Prepaid Wallets in India The different types of prepaid wallets, also referred to as the old electronic wallets or e-wallets, each having unique characteristics and purposes as defined under the 2017 Regulation, are as discussed below: Closed Wallet A closed wallet is a type of mobile or electronic wallet designed to make payments for services provided by the issuer. This type of wallet is not capable of sending money or making payments to external service providers. Semi-closed Wallet A semi-closed wallet enables users to conveniently conduct transactions at designated merchants and places. This particular wallet is restricted in terms of its coverage area. Merchants must enter into a contract or agreement with the issuer to be able to accept payments from a semi-closed wallet. Open Wallet An open wallet can be a prepaid payment tool that is accepted for purchasing products and services at any location. The individuals who own these wallets can also withdraw cash from ATMs. Mobile Wallet Mobile wallets are digital versions of physical wallets, storing payment information on mobile devices. It guarantees easy integration with multiple payment systems, ensuring contactless payment using their mobile devices. Procedure to Apply for Prepaid Wallet License Registration Obtaining a prepaid wallet license registration in India involves a structured process regulated by the Reserve Bank of India. Below is a step-by-step overview that helps understand the entire procedure for obtaining a prepaid wallet license RBI in India: File an Online Application Initially, the applicants must make an online application in Form A to obtain approval under Regulation 3(2) of the Payment and Settlement System Regulations, 2008, along with the prescribed government fee. We help you file an online application. RBI Screening and Eligibility Check Once the application is submitted, the RBI must conduct a thorough screening process to ensure compliance with the necessary eligibility criteria, the applicant’s financial stability, customer service framework, operational efficiency, technological readiness, and data security measures. Obtain In-Principal Approval After the RBI is satisfied with eligibility criteria and fit & proper status, the applicants obtain an in-principal approval, valid for six months from the date of approval. At Enterslice, we help you get in-principal approval. Submit an Audit Report Within 6 months, the applicants must prepare and submit an audit and system audit report (SAR) to the RBI, otherwise, automatic in-principal approval will lapse. Submitting an advance written appeal with pertinent justification, grants a single 6 months extension to the applicants Obtain a PPI License After considering all the particulars furnished by entities, the applicants obtain a final approval, allowing the issuance of a prepaid wallet license, taking into account all the information provided by the applicant Timeline to Obtain a Prepaid Wallet License Registration The timeline for obtaining a prepaid wallet license registration in India, which typically takes around 4 to 6 months, varies depending on the multiple regulatory and documentation checks conducted by the RBI. Document Preparation & Application Filing: 1 to 2 Weeks It takes around 1 to 2 weeks for the preparation of documents, business model and submission of Form A to the RBI. Preliminary Screening by RBI: 3 to 6 Weeks It takes around 3 to 6 weeks to conduct a preliminary screening to verify the completeness of documents and eligibility of the applicant. Detailed Evaluation of Business Model: 7 to 12 Weeks Upon successful completion of preliminary screening, the detailed evaluation of the business model and proposed business activities takes around 7 to 12 weeks. Inspection of Safety and Operational Readiness: 2 to 3 Months Upon satisfactory review, the RBI takes around 2 to 3 months to conduct a thorough inspection of the technical, safety, and cybersecurity preparedness of the applicants. Grant of License: 1 Month Within 1 month of the satisfaction of all evaluations conducted, the RBI ensures the granting of the prepaid wallet license, ensuring the operation of PPI issuers in India. Documents Needed to Apply for Prepaid Wallet License RBI These are the documents required for obtaining a prepaid wallet license RBI, as mentioned below: Name and address proof of the applicant Address proof of the registered office of the business Copy of certificate of incorporation and other constitutional documents A complete report of the principal business of the entity Details of managers and directors appointed Appointment of statutory auditor of the company Details of the statutory auditor of the company Detailed business plan and project reports The audited balance sheet of the financial year Expected profits for the Indian financial system The details of the proposed capital amount Payment system details with process flow, technology, security features and interoperability Details of bank account and bankers of the company Any other information required by RBI (if any) Benefits of Obtaining a Prepaid Wallet License Online The benefits of obtaining a prepaid wallet license online, which offers budget management, safety, and ease of doing business, are as discussed below: Promote Convenient Cashless Transactions Obtaining a prepaid wallet license effectively promotes safe and convenient cashless transactions, reducing the risk of losing physical money in hand. Eliminates Hassle of Exact Change Obtaining a prepaid wallet license enables users to transfer funds digitally, resolving the common issue of not having change during transactions. Fast Money Transfer with Prepaid Wallets Having a prepaid wallet enables fast and instant money transfer, compared to traditional net banking, further simplifying everyday transactions in human life. Low Operating Cost The operating cost of a prepaid wallet is typically low, which involves no activation fees, monthly charges, or annual maintenance costs, making it an affordable option for both businesses and customers. Customer Benefit and Incentives Customers using a prepaid wallet get added benefits and incentives, including bonuses, cashback, and reward points, making digital payment not only convenient but also rewarding. Enhances Brand Credibility Obtaining a prepaid wallet license from the RBI significantly boosts customers' trust and confidence, positioning your brand as a credible and compliant player in the digital payment space. Integration with Payment Systems Obtaining a prepaid wallet license enables platform integration with key payment systems like UPI, bank APIs, and card networks, allowing for smooth and secure digital transactions. Revenue Growth Opportunities Obtaining a prepaid wallet license empowers businesses to offer digital payment solutions, helping them expand market reach and enhance potential revenue streams in the rapidly growing fintech ecosystem. Eligibility Criteria to Obtain Prepaid Wallet License Online The eligibility criteria to obtain a prepaid wallet license online, which differ based on the country/ jurisdiction, financial regulations and requirements of local regulatory bodies, are as discussed below: NBFCs and Scheduled Banks: Registered NBFCs & scheduled banks authorized by the RBI to offer mobile banking transactions can introduce mobile-based prepaid payment instruments such as mobile wallets and mobile accounts. Companies registered under the Companies Act: A prepaid wallet can only be issued by a company registered under the Companies Act if it is allowed in the object clause of the MOA. Net Worth Required: The minimum positive net worth required for securing a Prepaid Wallet License is Rs 15 Crore. Other Organization: Organisations outside the above-mentioned categories must possess a minimum net worth of the amount of Rs.25 Crore. The organization has to maintain this minimum net worth in association with its most recent audited balance sheet. Requirement of Details of Infrastructure: Applicants must give detailed information about their IT infrastructure setup for operating Prepaid Payment Instruments. Business Plan & Project Report: The applicant also needs to submit the details regarding their business plan and project reports to RBI. The plans will include strategies for establishing access points in scheduled areas and a customer grievance portal. Top Industries & Businesses for a PPI License in India The list of top 10 industries and businesses permitted to obtain a PPI license in India are as provided below: Top 10 Industries Permitted to Apply for PPI License Fintech and Payment Industry E-commerce and Online Retail Industry Telecommunication Industry Power Generation Industry Transport and Mobility Industry Tourism Industry Healthcare & Healthtech Industry Manufacturing Industry Gaming and Entertainment Industry Educational Technology Industry Banking and NBFCs Top 10 Businesses Permitted to Apply for PPI License Mobile Wallet Applications Merchant/ Payment Aggregator Platforms Digital Gift Cards or Loyalty Programs Expense Management Solutions for Corporates Prepaid Cards for Employees or Students Online Gaming Wallets Online Travel Booking Payment Solutions Remittance and Cross-Border Payment Platforms Utility Billers and Smart City Payment Systems Payment Gateways & Checkout Service Schedule Meeting Post Compliance Requirements for Prepaid wallet license online Given below are the post-compliance requirements after securing a Prepaid Wallet License online- Must submit quarterly and annual compliance reports to the RBI Conduct regular IT and cybersecurity audits to ensure the security of the payment system Follow updated KYC, ALM, and CFT policies Mandatorily handle customer complaints and grievances Report suspicious transactions to the Financial Intelligence Unit- India Maintain a good record of all transactions Must be held valid for a period of 1 year from the last loading date Maintain an escrow account with a scheduled commercial bank Conversion of small PPIs to full KYC PPIs within 24 months New Classification of Prepaid Wallet Licenses The RBI introduced new classification for prepaid wallet licenses, determined based on the type of transactions and the level of verification required for the users. Features Small PPIs Full KYC PPIs Gift Card PPIs PPIs for MTS Meaning Small PPIs which include, both cash loaded and non-cash loaded facilities, are instruments used to purchase goods and services at a specific list of businesses or retailers. Full KYC PPIs are instruments used to transfer money or withdraw cash, as well as to buy goods and services from various vendors. Gift Card PPIs are instruments used to purchase by one person and redeemed by another person or group individuals of specified businesses or merchants. PPIs for Mass Transit Systems (MTS) are instruments used to collect fares and at merchant outlets that ensure conducting their operations within MTS boundaries. Conversion Within 24 hours of the issue date, small PPIs must be converted into full KYC PPIs Not Applicable Not Applicable Not Applicable Cash Withdrawal/ Fund Transfer Not allowed in both the cash loading and non-cash loading small PPIs. Restriction on PPIs issued by the banks. For PPIs not issued by banks, a restriction of Rs. 2000 per transaction and a total of Rs. 10000 each month. Not Applicable Not Applicable Monthly or Yearly Loading Limits Monthly Rs. 10,000/- and Yearly 1,20,000/- There is no separate limit the PPI issuer may decide. The maximum the amount shall not exceed Rs. 10,000/- There are no separate limit the PPI issuer may decide. Limits of Fund Transfer Not Applicable A monthly limit of fund transfers to pre-registered beneficiaries is Rs. 2,00,000 per beneficiary. Not Applicable Not Applicable Interoperability Mandatory Mandatory They can choose to offer interoperability, but not mandatory. Exempted from providing interoperability Why is Enterslice Best Choice for PPI e wallets License? Opting Enterslice for obtaining a prepaid e wallets license comes with numerous benefits, making the procedure more streamlined, effective, and trustworthy. Connect us to know the reasons why Enterslice offers the best services for you to help you get prepaid wallet license in India: 10+ years of expertise while obtaining PPI e wallets license Trusted by 5000+ fintech clients across India Secure platform setup & KYC/AML advisory Custom solutions for startups, NBFCs, and enterprises Seamless integration with UPI and Bharat QR End-to-end support with documentation and application filing Provide professional technology-based legal services Ensures fulfilment of additional regulatory and legal compliance Offers PAN India services for applying for PPI license RBI Helps develop connections with regulatory agencies and financial institutions Offers strong industrial connections and assistance Holds a committed support group and talented resources Offers post-licensing and ongoing compliance support Provide recent updates as published by the RBI from time to time Offers transparent pricing with no hidden costs FAQs on Prepaid Wallet License RBI Have a look at the following answers to the most asked questions: What is a prepaid wallet license? A prepaid wallet license, also known as a Prepaid Payment Instrument (PPI), is a license granted allowing a significant instrument to facilitate the purchase of goods and services against the stored value of such instruments. What is a payment wallet? A payment wallet is a compact software tool utilized for conducting transactions on the Internet. Many payment solution providers offer complimentary Wallet software that allows users to set up various payment methods. Is it necessary to obtain RBI clearance to obtain a payment wallet license? It is mandatory to obtain clearance from the Reserve Bank of India for obtaining a Payment Wallet License. Who has the right to issue a payment wallet license? RBI reserves the right to authorize Payment Wallet License to companies incorporated under the Companies Act, 2013. Which is the best mobile wallet in India? Google Pay and Paytm can be considered the best mobile wallets in India. What are the examples of a PPI wallet in India? Examples of a PPI wallet are PhonePe, Google Pay, Paytm and Amazon Pay. What is meant by a closed wallet? The closed wallet is a kind of mobile or e-wallet designed to pay in part or full for the services offered by the wallet provider. What is the market size of payment wallets? The Indian digital payments market, including mobile wallets, is projected to reach ₹315.33tn (approximately $4.21 trillion USD) by 2030, with a projected annual growth rate (CAGR) of 13.88% from 2025, propelled by the wide acceptance of digital payments and encouraging government regulations. Key players such as Paytm, PhonePe, and Gpay play a significant role in the market's growth. How does a prepaid wallet make money? Prepaid wallets make money by levying charges on sellers and customers, receiving interest on the money held by users, and collecting transaction fees for converting currencies. They also make money through ads, deals with companies, exclusive benefits, and the sale of anonymous information. These strategies ensure that prepaid cards remain financially successful while providing easy-to-use services. What is the timeframe for obtaining a prepaid wallet license? The timeframe for obtaining a prepaid wallet license takes around 4 to 6 months, varies based upon the multiple regulatory and documentation checks conducted by the RBI. What is the requirement for maintaining a prepaid wallet license? The business must maintain a net worth of the amount of Rs.15 Crores every financial year depending upon the date of final authorisation. As per the recent amendment, the new applicant should have 15 Crore NOF must be attained by 31st March, 2023 if authorised on 1st March 2021. A net worth of Rs.15 Crores must be attained by 31st March, 2024 if authorised on 31st March, 2024. Who is eligible for PPI license in India? The entities eligible to obtain a PPI license in India must have a minimum positive net worth of Rs. 15 crores at all times. However, it can be either a banking or non-banking institution, provided they meet the specific criteria as specified by the RBI. Is UPI a prepaid wallet? No, UPI which stands for Unified Payment Interface which can be used with a prepaid wallet is only a real-time payment system used for instant bank-to-bank transfers between bank accounts using a mobile device. Who regulates e-wallets in India? In India, the Reserve Bank of India (RBI) is the primary regulatory authority responsible for regulating e-wallets, also known as prepaid payment instruments in India. What are the benefits of a PPI license? The benefits of obtaining a PPI license are as discussed below: Promote Convenient Cashless Transactions Eliminates Hassle of Exact Change Fast Money Transfer with Prepaid Wallets Low Operating Cost Customer Benefits and Incentives Enhances Brand Credibility Integration with Payment Systems Revenue Growth Opportunities Is Paytm a PPI? Yes, Paytm is a type of semi-closed prepaid payment instrument (PPI) that functions as a digital wallet or prepaid card, allowing users to make payments through multiple methods, including UPI.
A prepaid wallet license, also known as a Prepaid Payment Instrument (PPI), is a license granted allowing a significant instrument to facilitate the purchase of goods and services against the stored value of such instruments. PPI, also known as pre-loaded cards or digital wallets, are used for making digital transactions. They simply serve as a reliable mode of payment that promotes transparency, versatility, and financial accountability.
Prepaid payment wallet, also termed as e-wallets has increasingly become popular as a convenient substitute for cash transactions. It enables users to transfer funds and pay for goods and services, which can be loaded through cash, bank transfers, or credit cards.
The PPIs, which is an instrument that enables users to conduct digital transactions, have emerged as an effective strategy for cashless exchange in today’s digital age. Connect with Enterslice to get expert assistance in launching and managing your digital payment solutions with ease.
100% online RBI-Compliant licensing process
Access to India’s regulatory growing digital payment markets
Enhanced customer loyalty through prepaid cards and wallet offers
Open to startups, NBFCs, corporates and aggregators
Regulatory approval from RBI for trust and credibility
Seamless integration with UPI, QR codes and payment gateways
Eligibility for fintech partnerships and government schemes
Supports multiple use cases, bill payments, transfers, and e-commerce
Connect Enterslice to obtain a PPI License, enabling you to launch and scale your digital payment brand into the booming fintech space of India.
The different types of prepaid wallets, also referred to as the old electronic wallets or e-wallets, each having unique characteristics and purposes as defined under the 2017 Regulation, are as discussed below:
A closed wallet is a type of mobile or electronic wallet designed to make payments for services provided by the issuer. This type of wallet is not capable of sending money or making payments to external service providers.
A semi-closed wallet enables users to conveniently conduct transactions at designated merchants and places. This particular wallet is restricted in terms of its coverage area. Merchants must enter into a contract or agreement with the issuer to be able to accept payments from a semi-closed wallet.
An open wallet can be a prepaid payment tool that is accepted for purchasing products and services at any location. The individuals who own these wallets can also withdraw cash from ATMs.
Mobile wallets are digital versions of physical wallets, storing payment information on mobile devices. It guarantees easy integration with multiple payment systems, ensuring contactless payment using their mobile devices.
Obtaining a prepaid wallet license registration in India involves a structured process regulated by the Reserve Bank of India. Below is a step-by-step overview that helps understand the entire procedure for obtaining a prepaid wallet license RBI in India:
Initially, the applicants must make an online application in Form A to obtain approval under Regulation 3(2) of the Payment and Settlement System Regulations, 2008, along with the prescribed government fee. We help you file an online application.
Once the application is submitted, the RBI must conduct a thorough screening process to ensure compliance with the necessary eligibility criteria, the applicant’s financial stability, customer service framework, operational efficiency, technological readiness, and data security measures.
After the RBI is satisfied with eligibility criteria and fit & proper status, the applicants obtain an in-principal approval, valid for six months from the date of approval. At Enterslice, we help you get in-principal approval.
Within 6 months, the applicants must prepare and submit an audit and system audit report (SAR) to the RBI, otherwise, automatic in-principal approval will lapse. Submitting an advance written appeal with pertinent justification, grants a single 6 months extension to the applicants
After considering all the particulars furnished by entities, the applicants obtain a final approval, allowing the issuance of a prepaid wallet license, taking into account all the information provided by the applicant
The timeline for obtaining a prepaid wallet license registration in India, which typically takes around 4 to 6 months, varies depending on the multiple regulatory and documentation checks conducted by the RBI.
It takes around 1 to 2 weeks for the preparation of documents, business model and submission of Form A to the RBI.
It takes around 3 to 6 weeks to conduct a preliminary screening to verify the completeness of documents and eligibility of the applicant.
Upon successful completion of preliminary screening, the detailed evaluation of the business model and proposed business activities takes around 7 to 12 weeks.
Upon satisfactory review, the RBI takes around 2 to 3 months to conduct a thorough inspection of the technical, safety, and cybersecurity preparedness of the applicants.
Within 1 month of the satisfaction of all evaluations conducted, the RBI ensures the granting of the prepaid wallet license, ensuring the operation of PPI issuers in India.
These are the documents required for obtaining a prepaid wallet license RBI, as mentioned below:
Name and address proof of the applicant
Address proof of the registered office of the business
Copy of certificate of incorporation and other constitutional documents
A complete report of the principal business of the entity
Details of managers and directors appointed
Appointment of statutory auditor of the company
Details of the statutory auditor of the company
Detailed business plan and project reports
The audited balance sheet of the financial year
Expected profits for the Indian financial system
The details of the proposed capital amount
Payment system details with process flow, technology, security features and interoperability
Details of bank account and bankers of the company
Any other information required by RBI (if any)
The benefits of obtaining a prepaid wallet license online, which offers budget management, safety, and ease of doing business, are as discussed below:
Obtaining a prepaid wallet license effectively promotes safe and convenient cashless transactions, reducing the risk of losing physical money in hand.
Obtaining a prepaid wallet license enables users to transfer funds digitally, resolving the common issue of not having change during transactions.
Having a prepaid wallet enables fast and instant money transfer, compared to traditional net banking, further simplifying everyday transactions in human life.
The operating cost of a prepaid wallet is typically low, which involves no activation fees, monthly charges, or annual maintenance costs, making it an affordable option for both businesses and customers.
Customers using a prepaid wallet get added benefits and incentives, including bonuses, cashback, and reward points, making digital payment not only convenient but also rewarding.
Obtaining a prepaid wallet license from the RBI significantly boosts customers' trust and confidence, positioning your brand as a credible and compliant player in the digital payment space.
Obtaining a prepaid wallet license enables platform integration with key payment systems like UPI, bank APIs, and card networks, allowing for smooth and secure digital transactions.
Obtaining a prepaid wallet license empowers businesses to offer digital payment solutions, helping them expand market reach and enhance potential revenue streams in the rapidly growing fintech ecosystem.
The eligibility criteria to obtain a prepaid wallet license online, which differ based on the country/ jurisdiction, financial regulations and requirements of local regulatory bodies, are as discussed below:
The list of top 10 industries and businesses permitted to obtain a PPI license in India are as provided below:
Top 10 Industries Permitted to Apply for PPI License
Top 10 Businesses Permitted to Apply for PPI License
Given below are the post-compliance requirements after securing a Prepaid Wallet License online-
The RBI introduced new classification for prepaid wallet licenses, determined based on the type of transactions and the level of verification required for the users.
Opting Enterslice for obtaining a prepaid e wallets license comes with numerous benefits, making the procedure more streamlined, effective, and trustworthy. Connect us to know the reasons why Enterslice offers the best services for you to help you get prepaid wallet license in India:
Have a look at the following answers to the most asked questions:
A prepaid wallet license, also known as a Prepaid Payment Instrument (PPI), is a license granted allowing a significant instrument to facilitate the purchase of goods and services against the stored value of such instruments.
A payment wallet is a compact software tool utilized for conducting transactions on the Internet. Many payment solution providers offer complimentary Wallet software that allows users to set up various payment methods.
It is mandatory to obtain clearance from the Reserve Bank of India for obtaining a Payment Wallet License.
RBI reserves the right to authorize Payment Wallet License to companies incorporated under the Companies Act, 2013.
Google Pay and Paytm can be considered the best mobile wallets in India.
Examples of a PPI wallet are PhonePe, Google Pay, Paytm and Amazon Pay.
The closed wallet is a kind of mobile or e-wallet designed to pay in part or full for the services offered by the wallet provider.
The Indian digital payments market, including mobile wallets, is projected to reach ₹315.33tn (approximately $4.21 trillion USD) by 2030, with a projected annual growth rate (CAGR) of 13.88% from 2025, propelled by the wide acceptance of digital payments and encouraging government regulations. Key players such as Paytm, PhonePe, and Gpay play a significant role in the market's growth.
Prepaid wallets make money by levying charges on sellers and customers, receiving interest on the money held by users, and collecting transaction fees for converting currencies. They also make money through ads, deals with companies, exclusive benefits, and the sale of anonymous information. These strategies ensure that prepaid cards remain financially successful while providing easy-to-use services.
The timeframe for obtaining a prepaid wallet license takes around 4 to 6 months, varies based upon the multiple regulatory and documentation checks conducted by the RBI.
The business must maintain a net worth of the amount of Rs.15 Crores every financial year depending upon the date of final authorisation. As per the recent amendment, the new applicant should have 15 Crore NOF must be attained by 31st March, 2023 if authorised on 1st March 2021. A net worth of Rs.15 Crores must be attained by 31st March, 2024 if authorised on 31st March, 2024.
The entities eligible to obtain a PPI license in India must have a minimum positive net worth of Rs. 15 crores at all times. However, it can be either a banking or non-banking institution, provided they meet the specific criteria as specified by the RBI.
No, UPI which stands for Unified Payment Interface which can be used with a prepaid wallet is only a real-time payment system used for instant bank-to-bank transfers between bank accounts using a mobile device.
In India, the Reserve Bank of India (RBI) is the primary regulatory authority responsible for regulating e-wallets, also known as prepaid payment instruments in India.
The benefits of obtaining a PPI license are as discussed below:
Yes, Paytm is a type of semi-closed prepaid payment instrument (PPI) that functions as a digital wallet or prepaid card, allowing users to make payments through multiple methods, including UPI.
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
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