In a big breather to pre-paid instrument issuers such as Amazon Pay, Obopay, Oxigen Services and PayU, the Reserve Bank of India on Monday allowed them six more months to complete the know-your-customer process. Per the Master Direction on Issuance and Operation of pre-paid instruments, the issuers were required to complete the know-your-customer process by February 28.
Deadline extended: E-wallets get more time for KYC
Published on
February 25, 2019 16:37