Cashfree Payments has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India.The company is one of the first fintechs to have received PPI, Payment Aggregator (PA), and Payment Aggregator-Cross Border (PA-CB) licences.The PPI licence will enable Cashfree Payments to innovate in the payments landscape and provide secure and efficient payment experiences.Cashfree Payments is expanding its presence in the UAE region through its acquired partner, Telr.