Can I read Master Directions on Prepaid Payment Instruments on EtoBox?
Master Directions on Prepaid Payment Instruments by Afifa Sultan is a document available to read on EtoBox.
What is Master Directions on Prepaid Payment Instruments about?
The Reserve Bank of India (RBI) has issued updated Master Directions on Prepaid Payment Instruments (PPIs) to provide a regulatory framework for their issuance and operation. These directions aim to enhance competition, innovation, and customer protection in the PPI sector while ensuring safety and security in transactions. The guidelines apply to all PPI issuers and outline eligibility requirements, definitions, and the authorization process for both banks and non-banks wishing to issue PPIs.
- Author
- Afifa Sultan
- Language
- EN