Prepaid Payment Instruments, otherwise called PPIs, works as a payment instruments which encourages the products and ventures transactions directed by the shopper, including financial administrations, settlement offices and so forth against the worth put away on such instruments. The Prepaid Wallet License has risen as a brilliant and helpful strategy for starting cashless exchange in the ongoing occasions where the nation has encountered a ton of money crunch. It is a successful mode of payment that supports transparency, versatility and responsibility.
Prepaid Payment Instruments are payment instruments that facilitate the purchase of goods and services against the stored value on such instruments. The value fixed on such instruments represents the value paid by the holder by way of cash, debit to bank account or by credit card.
The prepaid instruments can be issued as
