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RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move | Technology News

RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.

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