New Delhi, June 12 (IANS) Proposed changes to India’s prepaid payment instrument (PPI) framework could have unintended consequences for digital payments adoption, financial inclusion and everyday consumer transactions if not carefully calibrated, a report said on Friday.The report from Pahle India Foundation called for a proportionate, risk‑based approach that aligns compliance requirements with actual risk levels and urged preserving low‑value, high‑frequency use cases.Major policy inte…
Latest Consumer Transactions News & Updates
New Delhi, Dec 29 (IANS) The government on Monday said that the Department of Consumer Affairs has achieved a significant milestone by awarding 12 Government Approved Test Centre (GATC) certificates to 11 private entities, thus strengthening India’s legal metrology verification ecosystem through a structured public–private partnership framework.This step marks a transformative reform in the country’s legal metrology system by expanding verification capacity beyond the public sector and ena…