All Pay Later Services Banned By RBI

RBI Banned All Pay Later Services like amazon pay later or other

According to RBI New Document PPI Credit line is Banned by RBI

All Pay Later Like Flipkart , amazon, freecharge all is banned by RBI

PPI Is a Prepaid Payments Intruments, like prepaid cards, wallets

This Is Like a Just Credit card but this is different

Credit limit is a credit lines, in credit card  so many hidden charges, but no charges in pay later

This Fintec companies provide these services and  tagged with nbfc

but rbi banned pay later services, now credit limit is banned by rbi

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