Wallet to Wallet transfer (interoperability) mandatory
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The central bank is also taking steps to make PPIs like wallets interoperable. It means, users should be able to transfer money from one wallet to another or from a wallet to your bank account using the centralised payments systems
https://www.livemint.com/news/india/rbi-policy-...
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Created by : abhishek012
The central bank has also proposed to enhance the outstanding balance from Rs 1 lakh to Rs 2 lakh for full KYC compliant accounts. “To incentivise the migration of PPIs to full-KYC, it is proposed to increase the limit of outstanding balance in such PPIs from the current level of Rs 1 lakh to Rs 2 lakh” said Shaktikanta Das, Governor, RBI while announcing the monetary policy. The central bank will issue the necessary instructions separately.
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Gv transfer won’t be allowed.. don’t worry
Ab ye rdi RDI offer band karwayega
RBI Policy: Governor Das announces three changes to mobile wallets
Wallet to Wallet transfer (interoperability) mandatory -
According to the RBI notification, the interoperability of wallets had to happen in three stages.
1), wallet companies would join the Unified Payments Interface (UPI).
2), wallets would be able to transfer money to bank accounts on UPI, and
3), wallet companies will be allowed to issue Prepaid RuPay cards.
So now wallet balance will be the actual money.. 
Great proposal by RBI. 
They should implement this ASAP.
Banks are now giving compensation for late refunds of failed UPI txns.
@abhishek012 bhai wo BHIM UPI txn real time status wala implement hua kya ?
Bas utna karo jadli se 
Edit :
One additional query bro.. 
Ye woohoo/qwikcilver/zingoy/others ka gv business band kya iske baad..?
Bas prepaid cards rahega pineperks ke jaisa ?
Agar aisa hai toh advance me RIP for zingoy 
@admin merge it with this thread too:
https://www.desidime.com/discussions/loot-...am
Mujhe koi ye batayega,
a) credit card
b) debit card
c) UPI pmts via QR scan
In spite of availability of all of them, why wallet (ppi) payment is so crucial for RBI, which was invented for small ticket txns (mostly tens or hundreds) only. And why is this marathon for kyc-ed PPIs rather limiting it for below 10k if needed, than doubling it to 2L? 
Who’s the real beneficiaries target users here??
Like, who wants to pay 10-20-30k via wallet while having a) b) or c) options at the first place? If I’m not wrong, those who are having/ using wallet facilities must be having any of the above 3 with them first.
@abhishek012 bhai, your expert comments pliss.. 
Dekh Bhai! Har taraf se Cashback milta rahe baki kuch bhi karo. 
Whenever there is RBI in news is always for the bad reason
Complaint to RBI.
I think, If you don’t get refund within T+1 business days, now banks will pay u extra 100 rs per day for additional delay in refund.
This has been implemented recently.
As your txn is 6 months old, I am not sure if this rule is applicable for you. 
A wallet is an interest free debt with an expiry date issued by the company against assets and used as working capital.. So essentially they are saving almost 10% on it with no oversight at all.. Add up all the small amounts and it comes out to a lot.. Only RBI etc can issue free money like that..
Exactly. It would have made sense if wallets didn’t require kyc but with the amount of time you spend getting kyc done one can open a bank account itself. What’s the point of wallets then? They are so obsessed with kyc.
If this is happening, I just hope the KYC procedure eases out.
A centralised KYC system would be great. One KYC for all the wallets. Like KRAs.
![How to do Rent Payment by Credit Card without Charges? [Effectively]](https://cdn0.desidime.com/topics/photos/1776967/medium/Rent-Payment-Through-Credit-Card-1-768x511.jpg?1713442945)
 mandatory
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Uber ke wallet se paytm wallet mai dalenge fir uber ke gv ko firse 18% mai khareedenge fir paytm mai daalenge…