BlackBuck Subsidiary Gets PPI Licence From RBI

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SUMMARY

BlackBuck said that RBI granted a PPI license to TZF Logistics Solutions Pvt Ltd, its wholly owned subsidiary

PPIs facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, and more, against the value stored therein

While BlackBuck didn’t exactly specify how it plans to use PPI, it can likely provide it to truckers for making fuel and FASTag payments

Listed logistics major BlackBuck parent Zinka Logistics’ subsidiary has secured a prepaid paid instruments (PPI)…



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BlackBuck Subsidiary Gets PPI Licence From RBI


SUMMARY

BlackBuck said that RBI granted a PPI license to TZF Logistics Solutions Pvt Ltd, its wholly owned subsidiary

PPIs facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, and more, against the value stored therein

While BlackBuck didn’t exactly specify how it plans to use PPI, it can likely provide it to truckers for making fuel and FASTag payments

Listed logistics major BlackBuck parent Zinka Logistics’ subsidiary has secured a prepaid paid instruments (PPI)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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