India’s central bank implements new rules for mobile wallet issuers

12. October 2017.

“The Master Direction lays down the eligibility criteria and the conditions of operation for payment system operators involved in the issuance of semi-closed and open system PPIs [Prepaid Payment Instruments] in the country. All entities approved/authorised to operate payment systems involving the issuance of PPIs shall comply with these directions.”

Read the rest of India’s central bank implements new rules for mobile wallet issuers at NFC World.

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