RBI Creates ‘Payments Infrastructure Development Fund’ ...Middle East

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RBI Creates ‘Payments Infrastructure Development Fund’
Mumbai: The Reserve Bank of India has created a ‘Payments Infrastructure Development Fund’ to encourage acquirers to deploy ‘Points of Sale’ infrastructure in tier-3 to tier-6 centres and northeastern states. A PoS infrastructure can have physical or digital features to allow online payments for goods or services. “Over the years, payments ecosystem in the country … The post RBI Creates ‘Payments Infrastructure Development Fund’ appeared first on Ommcom News.

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