1 mn Wi-fi hotspots across In­dia by Dec 2019

Governance Now - - MOVEMENT -

E-wal­let in­ter­op­er­abil­ity soon

The Re­serve Bank of In­dia has is­sued guide­lines on in­ter­op­er­abil­ity of pre­paid pay­ment in­stru­ments (PPIS) like e-wal­lets, which will en­able trans­fer of money from one e-wal­let to an­other, be­sides of­fer­ing other ben­e­fits. Af­ter im­ple­men­ta­tion of the guide­lines by PPIS like e-wal­lets, users will not need to have mul­ti­ple ac­counts with dif­fer­ent e-wal­lets just be­cause a spe­cific ser­vice ac­cepts pay­ments only through one e-wal­let.

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