Tag Archives: unauthorized entities

“RBI Warns Public About Unlawful Prepaid Payment Instruments”

RBI Issues Alert Against Unauthorized Prepaid Payment Instruments: Caution Urged for Public

The Reserve Bank of India (RBI) has issued a red alert against unauthorized Prepaid Payment Instruments (PPIs) issued by certain entities, cautioning the public to exercise vigilance when dealing with such platforms. The alert specifically mentions TalkCharge Technologies Pvt. Ltd., located in Gurgaon, Haryana, for issuing PPIs without the necessary authorization from RBI.

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