RBI permits banks to issue pre-paid instruments for making payments across various public transport systems
With the introduction of these instruments, commuters will have more options to pay for tickets besides cash mode.
![RBI permits banks to issue pre-paid instruments for making payments across various public transport systems](https://cdn.zeebiz.com/sites/default/files/2024/02/23/281833-rbi-33.jpg?im=FitAndFill=(1200,900))
Reserve Bank permitted banks and non-banking institutions to issue pre-paid instruments, image credit: Reuters