Tag: Mobile Wallet
E-Wallet companies like Paytm have flourished and cemented their position in mobile wallet segment, thanks to Modi government demonetization policy.
After receiving the license for mobile wallet from Reserve Bank of India the SoftBank backed True Balance has now launched its mobile wallet service in India.
Tel Aviv based on-device fraud prevention solution firm Paygilant said that it met the Reserve Bank of India's (RBI) most recent Prepaid Payment Instruments (PPI) guidelines which require PPI issuers to meet the challenges of fraud and customer protection with a strong risk management system in place
The government has released draft guidelines for transactions made through prepaid payment instruments (PPIs) like mobile wallets, smart cards and paper vouchers and also sought feedback from various stakeholders