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RBI Introduces New Prepaid Payment Instrument
25 Dec 2019, 12:38 PM IST 
PPIs shall be issued by bank and non-bank 'PPI Issuers' after obtaining minimum details of the holder.
The Reserve Bank of India has introduced a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of Rs 10,000 per month.
