As per RBI's master direction released in October, digital wallets were to become interoperable within six months. This would allow users of mobile wallet 'A' to make payments to users of mobile wallet 'B' and subsequently to bank accounts as well. This will not only improve user convenience but also increase wallet payments to offline merchants as digital wallets would then operate almost like a payments bank account.
Prepaid cards are also expected to be made interoperable as part of this process
RBI to stick to its April deadline for digital wallet interoperability - ETtech
Prepaid cards are also expected to be made interoperable as part of this process
RBI to stick to its April deadline for digital wallet interoperability - ETtech
