RBI allows PPI users to make UPI payments via third-party apps, boosting digital payment options.

The Reserve Bank of India (RBI) now allows users of Prepaid Payment Instruments (PPIs) to make UPI transactions through third-party apps. Previously, PPI users could only make UPI payments using the issuer's app. This change provides more flexibility, enabling PPI holders to use popular apps like Google Pay or PhonePe for transactions, enhancing digital payment accessibility and convenience.

3 months ago
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