RBI proposes to allow linking of Prepaid payment instruments (PPIs) through third-party UPI apps

Currently, UPI Payments from bank accounts can be initiated either by linking a bank account through the UPI application provided by the respective bank or by using any third-party UPI application. This convenience however, has not been extended to PPI’s. Presently, users can only make UPI transactions using the web or mobile application provided by the PPI User.