RBI issues guidelines for facilitating money transfer among e-wallets

Reserve Bank of India (RBI) has issued guidelines for interoperability among prepaid instruments (PPI) such as e-wallets. Inter-operability is technical compatibility that enables payment system to be used in conjunction with other payment systems. RBI Guidelines The guidelines are aimed at promoting money transfer between e-wallets and digital transactions. They also elaborate requirements for achieving ..

Month: Current Affairs - October, 2018

Topics: Banking • e-wallets interoperability • Prepaid Instruments • RBI