On the Money show today, Manoj Chopra, VP and Head - Products and Innovation at Infrasoft Technologies joins us to talk about the latest RBI's relaxations and beneficial inclination towards prepaid digital instruments. He elaborates on the list of these instruments and what all falls under the category and how RBI's latest guidelines benefits and capitalization and expansion of these Digital Wallets in the financial Industry. After the release of these guidelines, users are allowed cash withdrawals from these prepaid wallets and cards given they are KYC compliant. Manoj Chopra throws light on RBI's aim to extent and make interoperability mandatory in the prepaid non banks facilities. In light of these new rules, these PPIs will focus on Customer Service. Find out more about this inclusive approach of RBI towards PPIs.
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