Wednesday, November 1, 2023

RBI issues rules to regulate cross-border payment aggregators

The central bank sad that non-banks that provide cross-border payment aggregator (PA) services will have to apply for an authorisation from the regulator by April 30, 2024.

from Tech-Economic Times https://ift.tt/pkmxzZb

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...