Tag: digital payments
RBI introduces a new type of Prepaid Payment Instrument (PPI) – upto ₹ 10,000/- for small value digital payments which can be used at local shops and retail outlets for the purchase of daily household goods and services. The RBI in its Statement on Developmental and Regulatory Policies issued …
Public Comments-suggestions invited on Digital Payments Report of the Watal Committee to promote the digital payment system in the Country-Press Release Ministry of Finance 28/12/2016 Press Release Comments/suggestions invited from the members of public on the Report of the Committee on Digital Payments within 15 days of hosting …
Special measures to incentivise Electronic Payments-Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs), Special measures for merchants Reserve Bank of India Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants RBI/2016-17/150 DPSS.CO.PD.No.1288/02.14.006/2016-17 …
Prepaid Payment Instruments for small merchants and enhancement in limits for semi-closed PPIs to meet demands of the public through digital means-RBI Reserve Bank of India Date : Nov 22, 2016 Special measures to incentivise Electronic Payments In order to meet the transactional needs of the public through …