RBI permits UPI transactions via PPI wallets using third-party apps
RBI permits users of full-KYC prepaid payment instruments (PPIs) to make and receive UPI payments via third-party mobile apps. The decision expands digital payment options, improves flexibility for PPI holders, and ensures transactions are authenticated using existing PPI credentials, enhancing convenience in financial operations.
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RBI permits users of full-KYC prepaid payment instruments (PPIs) to make and receive UPI payments via third-party mobile apps. The decision expands digital payment options, improves flexibility for PPI holders, and ensures transactions are authenticated using existing PPI credentials, enhancing convenience in financial operations. 
