India: RBI Issues Master Direction on Issuance and Operation of Prepaid Payment Instruments
On October 11, 2017 the Reserve Bank of India (RBI) published the Master Direction on …
India: Government Unveils New Data Protection Bill
On July 27, 2018, the Indian government unveiled the report on data protection compiled by …
India: Reserve Bank Consults on Authorisation of New Retail Payment Systems
On January 21, 2019, the Reserve Bank of India (RBI) published a policy paper on …
India Consults On Fresh Approach To Payment Systems Amid Competition Concerns
India’s central bank has opened a debate on the state of competition within the payments …
India: Reserve Bank Sets Out Conditions for Card Tokenisation Services
On January 8, 2019, the president of the Reserve Bank of India (RBI) issued a …
India Seeks To Draw Line Under Aadhaar Saga With New Legislation
India’s government has finally intervened to end an impasse over electronic know your customer (KYC) …
India: Reserve Bank Issues Circular on Limiting Liability of Customers in Unauthorised Electronic Payment Transactions in PPIs Issued by Authorised Non-Banks
On January 4, 2019, the Reserve Bank of India (RBI) published a circular letter, DPSS.CO.PD.No.1417/02.14.006/2018-19, …
2018 in Focus: Payments in Asia-Pacific, Middle East and Africa
Despite the diversity of the Asian, Pacific, African and Middle Eastern markets, in all four …
India: Insight: Payment Systems Overview
This practical guide discusses the evolution of payment systems in India, the commonly used payment …