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Why Razor pay is allowed to activate account instantly when they disapproves is later

RBI Should Take Strict action against this company as they market their product by giving instant active account to any one and despite providing all legal valid documents they suddenly closes the account without any notice to client. This should not be allowed to do so. If they don't have any control over their payment partners decision then they should active account only after confiation from their payment partners for any account.

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