RBI slaps Rs 3.06 crore penalty on Amazon Pay (India)

The Reserve Bank of India (RBI) has imposed monetary penalty of Rs 3,06,66,000 on Amazon Pay (India) Private Limited (the entity) for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.   “The

Source: India News, Breaking News India, Top News Headlines from India – Oneindia