Framework for Geo-tagging of Payment System Touch Points

On 25th March, 2022, the Reserve Bank of India (RBI) released a framework for geo-tagging of payment system touch points.

Need

  • In recent years, the payments ecosystem in India has witnessed rapid developments with a bouquet of payment systems, platforms, products and services available for consumers.
  • It is imperative that a robust payment acceptance infrastructure with multiple types of touch points exists across the length and breadth of the country and is available and accessible at all times.

Key Points

  • It issues instructions to bank and non-bank payment system operators to maintain and submit to the geographical locations of their ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2022 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content