RBI Proposes Game-Changing Reform: Digital Wallets Set to Join UPI Ecosystem, Unleashing Fintech Revolution in India0

• Latest News
• April 5, 2024

The Reserve Bank of India (RBI) unveiled a significant proposal on Friday (May 5) that could revolutionize the digital payments landscape in the country. In a move aimed at enhancing the accessibility and convenience of prepaid payment instruments (PPIs) such as digital wallets, the central bank suggested allowing their linkage through third-party Unified Payments Interface