Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
Date : Jul 14, 2016
Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
RBI/2016-2017/16
DPSS.CO.PD.PPI.No.01/02.14.006/2016-17
July 01, 2016
All Prepaid Payment Instrument Issuers, System Providers, System Participants
and all other Prospective Prepaid Payment Instrument Issuers
Madam / Dear Sir,
Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
As you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing policy guidelines on Issuance and Operation of Pre-paid Payment Instruments in India. This Master Circular has been prepared to facilitate the Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment Instrument Issuers to have all the extant instructions on the subject at one place.
2. The Master Circular has been updated by incorporating all the instructions/guidelines issued on Issuance and Operation of Pre-paid Payment Instruments in India up to July 09, 2015 and has been placed on the RBI web-site (http://www.rbi.org.in). A list of circulars finding reference in this master circular is enclosed as Appendix.
Yours faithfully,
(Nanda Dave)
Chief General Manager
No comments:
Post a Comment