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The Reserve Bank of India has provided more details on which airport and banks will initially support UPI wallets for foreign travellers.
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The Reserve Bank of India has provided more details on which airport and banks will initially support UPI wallets for foreign travellers.
Foreign travellers will soon be able to load UPI-linked prepaid wallets with Indian Rupees and use the same to make payments at stores
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RBI's fine is an indication of its continued scrutiny of PPIs
Non-banks issuing prepaid payment instruments (PPIs) like wallets and prepaid cards cannot offer customers a credit line, RBI said.
Compared to the previous month, April saw a decline in the number of transactions for both PPIs and Mobile Wallets but the average transaction...
Apart from a surge in cardholders, the data revealed that transaction amounts across several Point of Sale terminals also increased over the past few...
Digital payment transactions through Prepaid Payment Instruments — which includes both Mobile Wallets and PPI Cards combined —stood 438.7 million transactions at the end...
While digital payment adoption began to grow significantly post demonetisation, the COVID-19 pandemic accelerated this shift over the last year, according to PwC India’s...
For the month ending June 30, 2020, the number of transactions using Prepaid Payment Instruments — which includes both Mobile Wallets and PPI Cards...
