RBI releases Outsourcing Framework for Payment System Operators
The Reserve Bank of India (RBI) has released a framework for the outsourcing of payment and settlement-related activities by payment
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Payments and Settlements
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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NPCI & SBI Payments to launch NFC Based ‘RuPay SoftPOS’ Systems
National Payments Corporation of India (NPCI) has partnered with SBI Payments to launch NFC based ‘Rupay SoftPOS‘ systems for merchants. This has the capability
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