Reserve Bank of India’s New Guidelines for Payment Aggregators May Increase Number of Digital Commerce Transactions
The Reserve Bank of India (RBI), the nation’s central bank, has announced that it will be lowering the capital requirements for payment aggregators. This move may further increase the number of digital transactions carried out in the country. The RBI noted in a statement published… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged digital commerce, digital payments, digital transactions, e-commerce, india, navin surya, payment aggregators, payments council of india, pci, rbi, reserve bank of india