Reserve Bank Of India Provides Guidelines For Payment Systems
PYMNTS
OCTOBER 15, 2019
The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). The bankers met with Finance Minister Nirmala Sitharaman on Monday (Oct.
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