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RBI extended the deadline for merchants and payment aggregators to delete customer debit and credit card data by three months.
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RBI extended the deadline for merchants and payment aggregators to delete customer debit and credit card data by three months.
Starting July 1, online merchants can't store credit and debit card details of customers. Here's how disruptive this is going to be.
Two new RBI regulations have resulted in this situation.
The RBI's new rule saves people from the potential hassle of typing in 16-digit card numbers for online payments.
You are reading it here first: The Payments Council of India (PCI) is looking at setting up a self-regulatory organisation (SRO) representing several payments...
