Prepaid users can now make UPI payment via third-party apps
Financial Express Kolkata|December 28, 2024
TO IMPROVE INTEROPERABILITY AND ENHANCE USER EXPERIENCE
SACHIN KUMAR

THE RESERVE BANK of India (RBI) on Friday allowed prepaid payment instrument (PPI) holders to make and receive UPI payments through third-party mobile applications. The move will allow users to link their digital wallets to UPI-enabled apps.

"It has been decided to enable UPI payments from/to full-KYC PPIs via third-party UPI applications. This will enable PPI holders to make/receive UPI payments through the mobile application of third-party UPI applications," said RBI in a notification.

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