Question
ZikZuk Technologies received final authorisation from
the RBI in May 2026 to operate as which type of entity?Solution
ZikZuk Technologies Private Limited received final authorisation from RBI to operate as a Prepaid Payment Instrument (PPI) issuer under the Payment and Settlement Systems Act, 2007. This followed its in-principle approval granted in May 2025. The authorisation enables ZikZuk to operate across digital payments, UPI infrastructure, and cross-border financial services, including digital wallets, prepaid cards, and stored-value services.
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