The company said it has decided to pause onboarding in light of the RBI’s latest guidelines, that prohibited loading prepaid payment instruments (PPIs) via credit lines
Get latest articles and stories on Latest News at LatestLY. Prepaid payment card player Uni Cards on Friday said it has suspended services of its two products following the RBI directive in June, prohibiting offering credit lines to customers. Latest News | Uni Cards Suspends Services of Two Products Following RBI Directive.
As the Indian fintech industry embraces Cloud-based technologies for the credit cards, buy now, pay later (BNPL) and credit EMIs market to deliver delightful experiences to the customers, Uni Cards with its unique offerings has created a niche .