Search For "prepaid payment instrument"
Infibeam Avenues gets RBI nod to issue Prepaid Payment Instruments
Updated : 7 months, 1 week ago IST
Infibeam Avenues Ltd has received an 'In-Principle' authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), the company said in its media release. The approval allows the fintech firm to move closer to offering a new line of digital payment solutions u
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ZikZuk Receives In-Principle Approval from RBI for Issuance of Prepaid Pay
Updated : 1 year ago IST
Hyderabad (Telangana) [India], May 19: ZikZuk, a fast-growing fintech startup headquartered in Hyderabad, announces that it has received in-principle authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI). With this strategic approval, ZikZuk is set to
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EnKash Secures Prestigious PPI License, Strengthening Its Leadership in Co
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], April 9: EnKash, India's pioneering spend management and payments platform, has secured the coveted Prepaid Payment Instrument (PPI) license from the Reserve Bank of India (RBI). Since 2020, EnKash has been the only fintech to significantly scale the corporate c
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RBI allows UPI access through prepaid payment instruments for full-KYC thi
Updated : 1 year, 5 months ago IST
This will enable PPI holders to make or receive UPI payments through the mobile application of third-party UPI applications.
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Women are more likely to adopt digital financial services when introduced
Updated : 1 year, 9 months ago IST
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved significant scale in financial inclusion, penetration remains a challenge, with only 25% of payment users being women, and even fewer in semi-urban and rural areas. Many women's mobile numbers a
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or applications, and parting with their money to any such unauthorized entity.
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RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 2 years, 1 month ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
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slice opens up its UPI first account product for everyone
Updated : 2 years, 3 months ago IST
Bengaluru (Karnataka) [India], February 5: slice, India's leading fintech startup, announces the public release of its highly anticipated UPI first account - slice account. After a successful three-month beta testing period, primarily available to its existing customer base, slice is now ext
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Nium Secures In-Principal Approval from RBI for the Payment Aggregator Lic
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 5: Nium, the leader in real-time global payments, proudly announces it has received in principle approval from the Reserve Bank of India for two prestigious payment licences - the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA)
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Giverly launches Prepaid Card that Helps Consumers 'Give Back' While Spend
Updated : 2 years, 11 months ago IST
New Delhi [India], June 20: Giverly, a social impact fintech Start-up, announced the launch of its Social Impact prepaid card in partnership with Visa and Transcorp International Limited, a 29-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid
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Tide and Transcorp launch India's-first Recycled PVC RuPay Card
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): Tide, the UK's leading SME-focused business financial platform in partnership with Transcorp International Limited, a Reserve Bank of India (RBI) regulated Prepaid Payment Instrument (PPI) license holder, today announced the launch of Indi
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No charges for normal UPI-based digital payments, clarifies NPCI
Updated : 3 years, 2 months ago IST
The National Payments Corporation of India (NPCI) cleared the air on Wednesday about the recently introduced interchange charges, saying they are only applicable for the prepaid payment instruments (PPI) transactions and there is no charge to customers.
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