Here are the details of India’s Rs. 1300 crore RuPay incentive scheme
Last week, the Union Cabinet approved an incentive scheme to promote RuPay Debit Cards and low-value BHIM-UPI transactions. Under the
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Data Localisation
Cabinet approves Rs. 1300 crore incentive scheme for RuPay & UPI
The Union Cabinet yesterday approved an incentive scheme to promote RuPay Debit Cards and low-value BHIM-UPI transactions. Under the scheme,
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Visa complaints to the U.S. against India’s RuPay favoritism
Visa has complained to the United States government against the Indian government’s favoritism for indigenous rival RuPay. This is the second complaint
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Mastercard submits New Report to RBI seeking overturn of Ban
Global payment tech company Mastercard has submitted a new audit report to the RBI, seeking an overturn of the ban
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RBI puts restrictions on Mastercard for violation of data localization rules
The Reserve Bank of India (RBI) has imposed restrictions on Mastercard due to a violation of data localization rules. It
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Foreign banks yet to comply with data storage rules RBI issued in 2018
The Reserve Bank of India has said in a recent communication that many banks are yet to submit system audit
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RBI punishes American Express for violating Data Localisation Guidelines
RBI has restricted American Express and Diners club from onboarding new customers. With these restriction from the RBI, American Express and Diners
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