Dear reader, are you looking to know about is phonepe Reserve Bank Indian approved application? Then you came to the right place. This article is information written after referring phonepe official website, RBI website, Wikipedia and more than 5 blogs on this topic.
Yes, PhonePe is approved by Reserve Bank of India.
in accordance with the provisions of the Payment and Settlements Act, 2007 and the regulations and directions issued by RBI from time to time and PhonePe is got a license from RBI for issuance and operation of a semi closed prepaid payment system with authorisation no 75/2014 dated 22.08.2014.
CONCLUSION:
Dear reader in this article you get to know about is phonepe approved by RBI. For more information you can visit phonepe official website i.e. https://www.phonepe.com
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