Articles with tag like: PPI

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Amazon Pay, Mobikwik, and more extend deadline for completion of KYC

News | Digital Identity, Security & Online Fraud | 27 Feb 2019

The Reserve Bank of India has extended deadline by six months for compliance with KYC norms, for prepaid payment instrument (PPI) issuers.

Amazon Pay, MobiKwik, e-wallets, KYC, RBI, India, PPI, financial inclusion, regulations

No liability for prepaid payment instruments users if fraud reported in 3 days, says RBI

News | Digital Identity, Security & Online Fraud | 08 Jan 2019

The Reserve Bank of India (RBI) has absolved customers using prepaid payment instruments of liabilities arising out of a fraud if the incident is reported within three days.

prepaid payment instruments, PPI, Reserve Bank of India, mobile wallets