RBI permits UPI transactions via PPI wallets using third-party apps
RBI permits users of full-KYC prepaid payment instruments (PPIs) to make and receive UPI payments via third-party mobile apps. The decision expands digital payment options, improves flexibility for PPI holders, and ensures transactions are authenticated using existing PPI credentials, enhancing convenience in financial operations.
RBI permits users of full-KYC prepaid payment instruments (PPIs) to make and receive UPI payments via third-party mobile apps. The decision expands digital payment options, improves flexibility for PPI holders, and ensures transactions are authenticated using existing PPI credentials, enhancing convenience in financial operations.
