ZikZuk Technologies Ltd received RBI authorisation to operate as a Prepaid Instrument (PPI) Issuer under the 2007 Settlement Systems Act.
The PPI licence lets ZikZuk launch digital wallets, prepaid cards and stored‑value solutions, covering General‑Purpose and Special‑Purpose PPIs, including UPI One World.
Rahul Rasa and Director Naviin Goel highlighted the approval as a trust mandate from the central bank, confirming the firm’s compliance‑first approach.
The authorisation places ZikZuk among RBI‑approved PPI issuers, expanding its role in India’s digital payments and cross‑border services ecosystem.