Briefing Note | RBI’s Report on Currency and Finance 2023-24
The digital payments revolution brought significant benefits to merchants such as reduced costs, faster processing and a larger customer base. Merchants must adopt their payments solutions to meet consumer preferences and enhance customer experience. They must also invest in security measures, stay informed on regulations, and leverage customer data to effectively navigate the challenges posed […]
Briefing Note | Cyber Resilience and Digital Payment Security Controls
The RBI’s Master Directions on Cyber Resilience and Digital Payment Security Controls have significant implications for digital merchants in India. While the Directions are specifically targeted at non-bank Payment System Operators (PSOs), they will indirectly impact digital merchants who rely on these PSOs for payment processing and digital payment services.