Zinka Logistics Secures RBI Nod for PPI—TZF Logistics to Power Digital Payments for Trucking Ecosystem

Zinka Logistics Solutions Ltd, India’s largest digital platform for truck operators, has received a significant regulatory boost as its subsidiary TZF Logistics Solutions Pvt Ltd has been granted a Prepaid Payment Instrument (PPI) license by the Reserve Bank of India (RBI). This license empowers TZF to launch and operate semi-closed wallet systems, enabling seamless toll, fuel, and freight payments across its vast logistics network.

 

The move is expected to streamline financial transactions for over 9.6 lakh truck operators on Zinka’s platform (BlackBuck), which already handles over 400 million payment transactions annually. With this license, TZF can now offer customized digital wallets, loyalty programs, and embedded finance solutions—reducing cash dependency and improving working capital cycles for fleet owners.

 

This development aligns with Zinka’s broader fintech ambitions and strengthens its position in India’s formalized logistics and digital payments ecosystem.

 

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Source: Screener – Zinka Logistics Company Profile | ICICI Direct – Zinka Logistics IPO Note