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Payments Council of India Welcomes RBI’s Move to Permit Approved Non Bank Payment Providers to Participate in Centralized Payment Systems

crowdfundinsider.com
 2021-07-31

Cover picture for the articleVishwas Patel, Chairman, Payments Council of India and Director, Infibeam Avenues Ltd, stated:. “We truly appreciate the central bank’s efforts in promoting the use of digital payments and welcome the access of RTGS and NEFT to the Prepaid Payment Instrument Issuers, Card Networks; and White Label ATM Operators. The industry will work towards implementation of the notification. This move definitely indicates a bright way forward for digital payments instruments in the country.”

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