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Good News Relief to e-wallets: RBI extends KYC compliance norms by six months

Endgame

Staff member
Dream MOD
Joined
23 Jan 2016
Messages
4,047
It's a win-win situation for both providers (Paytm, Phonepe, Google pay, PayZapp, Amazon pay etc) and consumers (us).
Mumbai: In a relief to e-wallet companies, the Reserve Bank of India Monday extended by six months the deadline for compliance with Know Your Customer (KYC) norms, for prepaid payment instrument (PPI) issuers. The earlier deadline was February 28.
Relief to e-wallets: RBI extends KYC compliance norms by six months
 
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Homer

Registered
Joined
14 Dec 2018
Messages
75
My kyc is ending on 18 April and kyc points of my town are refusing to do kyc. What should I do now?
 

Endgame

Staff member
Dream MOD
Joined
23 Jan 2016
Messages
4,047
My kyc is ending on 18 April and kyc points of my town are refusing to do kyc. What should I do now?
Which wallet? Try contacting their customer service.
 
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