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.

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The Merchant Payments Alliance of India (MPAI) is a group of like-minded merchants accepting digital payments in an ever-growing payments market in India.