Saturday 28 October 2017

From interoperability to KYC compliance, making sense of the RBI Master Direction for prepaid instruments


It was in March 2017 that the RBI created ripples in the digital payments space by releasing a Draft Master Direction that communicated many new guidelines on the issuance and operation of prepaid instruments (PPIs) in India.

You can read more here: From interoperability to KYC compliance, making sense of the RBI Master Direction for prepaid instruments

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