RBI Directive: TalkCharge Ceases PPI Operations, Refund Balances
RBI Directs TalkCharge to Cease PPI Operations and Refund Balances The Reserve Bank of India (RBI) has issued a directive to TalkCharge, a popular payment platform, to halt its Prepaid Payment Instrument (PPI) operations and to refund all existing balances to its users. This move comes as part of the RBI’s ongoing efforts to regulate…