RBI’s 2021 Ban on Amex and Diner’s Club: The Latest Chapter in the Fight over Payment Data Localization
A three year journey on payment data localization In April 2021, the Reserve Bank of India (“RBI”) restricted American Express ...
Tag: Reserve Bank of India
Explore how the Reserve Bank of India (RBI) regulates monetary policy, oversees financial institutions, and drives innovation in the payments and banking sectors to ensure economic stability and growth.
Making Payments Easier in India
Across the globe, many in the payments industry are looking to QR codes as a way to increase financial inclusion ...
Credit Cards in India: Never a Dull Moment
India’s approach to financial inclusion has been exciting, frustrating, and novel, all at the same time. Prime Minister Modi shocked ...
One Nation One Card: Pushing the Domestic Payment Cards in India
It is getting pretty easy to understand the angst American Express, Mastercard and Visa had about the Indian credit card ...
Credit Cards in India: No Rupees Today
The Reserve Bank of India (RBI) continues its forceful direction on payments as Non-EMV cards get blocked in the market ...
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