Junio Payments Private Ltd has secured in-principle authorisation from the Reserve Bank of India to issue Prepaid Payment Instruments. This allows Junio to launch a digital wallet linked to UPI. Youngsters can make UPI payments using their parents' accounts. The Junio app and its prepaid cards help parents manage money and teach financial responsibility.
from Banking/Finance-Industry-Economic Times https://ift.tt/cCTRFOP
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