Quote:
Originally Posted by RuthB
Paxum Bank has already been approved for its own UPI license as a principal issuer. We are now in the next step of the process which is integrating into Card Platforms and Card Printers. This isn't a quick process as certification is not done overnight, but we anticipate this will be finished within 4-6 months and then we will be issuing cards directly ourselves.
For those unhappy about the issuance of cards, please understand that we follow the rules of our banks, and those banks do not issue cards anymore to some regions as per Visa/Mastercard rules. If it was up to us there wouldn't have been a problem, but it isn't up to us, and we will always obey the governing rules and regulations pertaining to our business.
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So basically just use a regular bank or Paypal, then?
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