RBI’s strict KYC rules may empty digital wallets
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RBI’s strict KYC rules may empty digital wallets
BENGALURU: Digital wallet companies may be staring at the end of the road as the Reserve Bank of India’s February-end deadline approaches for them to meet full know-your-customer norms for all their users.
The total number of customers who have submitted their KYC details is in ‘low single-digit’ percentage, according to industry executives. “If these norms are implemented in full force, the entire industry, which handled around Rs 12,000-crore worth of transactions in December, wil ..
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extend till 2050
This is digital india
cashless society…
obviously, it has to be in single digit .. people have multiple a/c’s in bulk..
thats how cheaters like mobidick tells it has 6 crores customers!!
now they will understand.. its not 6 crores customers, rather its 6 crore a/c’s !!
60-70% of the a/c’s in wallets belong to people holding multiple a/c’s ! 
Truth. 
I’m not going to verify even a single wallet. Let all my wallet gets closed. I’ll be back to the old method of net banking, credit card swap etc.
Yes dead right .. no need to give our documents to them
Would you be able to use the amount remaining in the wallet after 27th or need to send it to bank?
Existing- yes
Fresh loading-NO
Jis “Aadhaar” ka hi koi “Aadhaar” (Baseless) na ho, us “Aadhaar” se saari cheez link karne ka kya fayda. 
it doesnt matter people like it or not.. aadhaar will be mandatory for every ac. …
Probably another extension then.