Japan is set to roll out “Tourist Pasmo” in May, a new prepaid IC card for foreign visitors. Issued by Pasmo Co., it will be valid for 28 days and usable for both transport and payments. The card will be available at Narita and Haneda airports without a deposit, replacing the earlier Pasmo Passport.
The RBI has overhauled Prepaid Payment Instrument rules, setting a Rs 2,00,000 monthly debit limit for full-KYC PPIs. It also introduces a Rs 25,000 sublimit specifically for person-to-person transfers. The revised Master Direction is designed to strengthen safeguards, improve usage clarity, and boost user protection across prepaid wallet categories.
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