GUIDELINES FOR ISSUANCE AND OPERATION OF PRE-PAID PAYMENT INSTRUMENTS IN INDIA INCLUDING GIFT CARDS AND PRE PAID CARDS
Guidelines for Issuance and Operation of Pre-paid Payment Instruments in India including Gift Cards and Pre Paid Cards Reserve Bank of India has issued updated master circular on July 01, 2016 on Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India. The guidelines are applicable on issuance of pre paid cards e.g. law and procedure for issuance of gift...