Jupiter Money Gets Final RBI Approval To Start Prepaid Payment Instruments
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Jupiter Money Gets Final RBI Approval To Start Prepaid Payment Instruments
Bengaluru-based Jupiter Money has received final authorisation from the Reserve Bank of India to start the issuance of prepaid payment instruments. This will allow Jupiter to provide users with digital wallets linked to UPI applications.Jupiter—which competes with other neobanks, such as Slice and Fi Money—had received in-principle approval from the RBI last year. "With this final approval, we shall soon be introducing the Jupiter Prepaid Accoun…
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