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Want to transfer money between mobile wallets? Now use UPI

December 24, 2019December 24, 2019 Admin

Now it would be easier for you to transfer money between wallets. Users of portable wallets now will able to transfer money to exchange from one wallet then onto the next, with the Reserve Bank of India (RBI) discharging rules for the equivalent. The standards on interoperability of prepaid payment instruments (PPIs) don’t force PPIs, for example, wallets to allow…

Is new legislation on the way for mandatory linking of Aadhaar with banks and telecoms?

December 24, 2019December 24, 2019 Admin

want-to-cancel-your-aadhaar?-here’s-what-government-has-proposed

Supreme Court’s judgement of Aadhaar on September 26 declared Aadhaar constitutionally valid, it however restricted the mandatory linking of Aadhaar with private entities such as banks, telecoms, insurance companies etc. Aadhaar should be used for government services. On Saturday, Union Finance Minister Arun Jaitley stated that it is still possible to restore mandatory linking of Aadhaar with telecoms and bank…