By Simran Jalan (simran@vinodkothari.com) Introduction Interoperability is the ability of customers to use a set of payment instruments seamlessly with other users within the segment. It enables a payment system to be used in conjunction with other payment systems. It allows Prepaid Payment Instruments (PPI) issuers and other service providers to undertake, clear and settle … Continue reading RBI’s Interoperability guidelines for PPIs- A move to promote Digitalization