Try GOLD - Free
RBI allows UPI access via third-party payment apps
The Morning Standard
|December 28, 2024
The Reserve Bank on Friday allowed the popular unified payments interface (UPI) access to prepaid payment instruments (PPIs) through third-party applications, making it easier for users to link their digital wallets to UPI-enabled apps.
-
In a circular issued to prepaid payment instrument issuers - banks and non-banks, the National Payments Corporation (NPCI) and system participants on Friday, the central bank said henceforth, all prepaid payment instruments (PPIs) can access the UPI through the third-party applications.
This story is from the December 28, 2024 edition of The Morning Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Morning Standard
The Morning Standard
The Archaeology of Tomorrow
Sri Lanka-born artist Ramesh Mario Nithiyendran digs through memory, myth, and clay to sculpt a speculative future
3 mins
December 14, 2025
The Morning Standard
Seriously Funny
Not Your Aunty is a cultural breath of fresh, witty, mildly rebellious air—and much of its charm comes from the dynamic duo behind it: Kiran Manral and Shunali Khullar Shroff.
1 mins
December 14, 2025
The Morning Standard
'HOME' OF INDIAN SQUASH
Since its inception in 2000, the ISA has been an integral part of sport’s ecosystem in the country, helping players and coaches capture many accolades over the years. Chandra Prabhu tries to chronicle its significance...
3 mins
December 14, 2025
The Morning Standard
Say It with Serums
Makeup is no longer just about coverage-it's about care, hydration, and a glow that claims to start beneath the surface
3 mins
December 14, 2025
The Morning Standard
Delhi Aces seal semifinal berth
TABLE-TOPPERS GS Delhi Aces continued their dominating run, defeating Gujarat Panthers 62-38 to seal a semifinal berth while Rajasthan Rangers stayed in the hunt after beating Chennai Smashers in the Tennis Premier League here on Saturday.
1 min
December 14, 2025
The Morning Standard
CAUGHT IN A PERFECT STORM
Lax IndiGo prep to implement new rostering rules, allegedly hoping to leverage its ‘monopoly’ after massive disruptions, landed it in uncharted territory
5 mins
December 14, 2025
The Morning Standard
BIG TECH RUSH TO BUILD CLOUD, AI INFRA IN INDIA
THERE is a sudden downpour of Big Tech investments in India.
3 mins
December 14, 2025
The Morning Standard
Union MoS finance set to lead BJP's UP unit
OBC leader Pankaj Chaudhury to be elected unopposed today, Defamation case threat over AAP link charge exposes rift in BJP
1 mins
December 14, 2025
The Morning Standard
'₹92cr assets of urban Naxals' seized in 10 yrs'
IN a decade-long crackdown the security agencies have widely disrupted Naxalite operations, confiscating assets totalling ₹92 crore, the central government said on Saturday.
1 min
December 14, 2025
The Morning Standard
'I am Not Dumb'
Mila Kunis speaks with Sally James about the latest chapter of Knives Out, and why the foray into murder-mystery excites her
3 mins
December 14, 2025
Listen
Translate
Change font size