Cashfree obtains RBI Prepaid Payment Instrument license
Cashfree Payments issued PPI license approval affecting Reserve Bank of India on October 30, 2024.
- Primary
- Cashfree Payments
- Counterparty
- Reserve Bank of India
- Structure
- PPI license approval
- Date
- October 30, 2024
- Sub-sector
- Payments
RBI PPI license enables Cashfree to issue prepaid payment instruments and expand payment services in regulated Indian market.
Source: medianama.com