Explained: Why RBI's new rules are bad news for 'buy now, pay later' customers, prepaid wallets and more - Gadgets Now
6/22/2022 12:00:00 AM2 years 10 months ago
by Abhinav Kaustubh
by Abhinav Kaustubh
On Monday, 20 June, the Reserve Bank of India issued a notification forbidding operating non-bank institutions or fintech companies, including many of the ‘buy now, pay later’ services, from loading credit lines onto Prepaid Payment Instruments (PPI) such as …
On Monday, 20 June, the Reserve Bank of India issued a notification forbidding operating non-bank institutions or fintech companies, including many of the buy now, pay later services, from loading cr… [+5548 chars]
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