Tag: digital payment transactions
Posted in Economy
RBI plans shared liability for digital frauds, pushes open card ecosystem in Vision 2028
The RBI, in its Payments Vision Document 2028, is working towards introducing a shared responsibility framework under which both the customer’s bank (issuer) and the…
Posted in Economy
RBI allows risk-based checks in new digital payment guidelines
India’s central bank on Thursday issued final guidelines for authentication mechanisms in digital payment transactions, aiming to bolster security and encouraging innovation in fraud prevention….