Pre-paid cards can be used to pay school/college fees: RBI
MDT/PTI 19 June 2012

Pre-paid cards, which are convenient alternatives to cash and cheques, are mainly issued by banks and Non-Banking Financial Companies (NBFCs)

 
Mumbai: Making life easier for people, the Reserve Bank of India (RBI) has allowed holders of pre-paid payment cards, to deposits school and college fees and pay taxes, in addition to buying rail and air tickets within the prescribed limit of Rs10,000,...
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