Tag: Interoperability of PPIs
September 15, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The RBI’s new master direction on Prepaid Payment Instr...
Prepaid Payment Instruments or simply, PPIs, may sound like a mouthful, but they have become interspersed with our daily life, and indeed transformed the way we undertake everyday transactions. Without realising it, we rely on some form of PPI for paying even at the nearest kirana shop. The usage of such PPIs has been further enhanced during the pandemic as safety and the principle of least-contact became norms to live by. ......