Paytm, PhonePe, Google Pay, other mobile wallets to be interoperable from April 2022 Beginning April 2022, a mobile wallet user, who is fully vetted and has fulfilled all KYC norms, will be able to send and receive money from various mobile wallets BusinessToday.In | May 20, 2021 | Updated 11:57 IST The RBI had first issued guidelines for the adoption of interoperability on a voluntary basis for full-KYC PPIs in October 2018 The Reserve Bank of India (RBI) has issued a circular asking all licensed prepaid payment instruments (PPIs) or mobile wallets such as PhonePe, Paytm, Google Pay and Mobikwik, to be interoperable from FY23. This implies that beginning April 2022, a mobile wallet user, who is fully vetted and has fulfilled all KYC norms, will be able to send and receive money from various mobile wallets.