Business

RBI will now step in to regulate PoS payment companies, making transactions more secure

PoS Payment Regulation: RBI will take steps to regulate PoS payment companies like Pine Labs, Innovation, MSwipe. The Reserve Bank of India, after issuing guidelines for online payment aggregators like Razorpay and Cashfree, has announced rules to regulate Point of Sale Payment Service Providers (PA-Ps). The regulator said that the …

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