Prepaid Payment Instrument Issuer / India / Payment and Settlement Systems Act
Timeline6–12 months source
Granted activities
by client typeActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.
Issue electronic moneynon-bank PPIs are restricted from allowing cash withdrawal except for specific full-KYC PPI categories designated by RBI Conditional Conditional Conditional None Conditional
Conditional: the grant carries the conditions listed under the activity.
Requirements
Typical timeline to authorisation6–12 months source
Passporting reach
This regime does not passport into other jurisdictions.
Holders
10 in this corpusCompanyRegister idStatus
Products unlocked
No product configuration resolves against this regime.
Derived business models
Computed from granted activities × permitted client types × passporting mode — not an opinion label.
B2CCONSUMER · 1 activity granted
B2BSME +1 · 1 activity granted
Open questions on this regime
No open questions recorded against this regime.
Resolved coverage in india
COVERED
India1
Issue emoney
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE
No unverified rows.
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Regime: Prepaid Payment Instrument Issuer / India / Payment and Settlement Systems Act