The Reserve Bank of India recently allowed the users of prepaid payment instruments to access UPI services via third party applications. This will enable the PPI holders to make UPI payments like bank account holders,” reads the RBI statement dated April 5, 2024. So, the latest move on Dec 27 was a follow-up action where the RBI instructed all prepaid …
Mumbai: The Reserve Bank on Friday allowed prepaid payment instrument holders to make and receive UPI payments through third-party mobile applications. It has been decided to enable Unified Payments Interface payments from/to full-KYC prepaid payment instruments through third-party UPI applications, the central bank said in a circular. "A PPI issuer shall enable holders of only its full-KYC PPIs to make …
I've stopped taking lansoprazole for my acid reflux because I'm worried it can cause dementia. Lansoprazole is a proton pump inhibitor – these drugs reduce stomach acid production, which reduces acid reflux. On the plus side, the PPI is likely to have eased your acid reflux – and we know this is important, as repeated exposure to stomach acid can, …
Making its displeasure on prepaid payments instruments issuers not adopting interoperability, the Reserve Bank on Wednesday said it will make it mandatory for such companies to make provisions for letting their customers transact with others after doing a full-KYC. Governor Shaktikanta Das on Wednesday said prepaid payments instruments were given the option to become interoperable, wherein customers of one company …
