ppis

For representative purposes | Photo Credit: Getty Images The story so far: Earlier last week, the National Payments Corporation of India (NPCI), which governs UPI, in a circular issued directly to banks, intimated that they can now levy…

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Prepaid cards issued by fintech firms such as Slice, Uni and LazyPay have slid below the 100,000-mark after the Reserve Bank of India recently barred the industry them from loading credit lines onto wallets and other such prepaid payment…

LazyPay, the lending arm of PayU India, has updated its terms and conditions to comply with a recent directive by the Reserve Bank of India (RBI) that barred prepaid payment instruments (PPIs) from being loaded with credit lines. The…

As the Reserve Bank of India (RBI) through a notification to non-bank fintech players has said that prepaid payment instruments (PPIs) cannot be loaded with credit lines, the move is likely to impact financial technology players like…

Reserve Bank is considering various options to ensure that customers are not put at risk on account of activities of non-bank fintech playersNEW DELHI: The Reserve Bankis considering various options to ensure that customers are not put at…

Mumbai: The Reserve Bank of India on Monday disallowed non-bank wallets and pre-paid cards from loading their credit lines into these platforms, a notification reviewed by ET showed. The regulator in a one-page circular addressed to…