Endgame
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It's a win-win situation for both providers (Paytm, Phonepe, Google pay, PayZapp, Amazon pay etc) and consumers (us).
Mumbai: In a relief to e-wallet companies, the Reserve Bank of India Monday extended by six months the deadline for compliance with Know Your Customer (KYC) norms, for prepaid payment instrument (PPI) issuers. The earlier deadline was February 28.
Relief to e-wallets: RBI extends KYC compliance norms by six months
Mumbai: In a relief to e-wallet companies, the Reserve Bank of India Monday extended by six months the deadline for compliance with Know Your Customer (KYC) norms, for prepaid payment instrument (PPI) issuers. The earlier deadline was February 28.
Relief to e-wallets: RBI extends KYC compliance norms by six months
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