Search result for 'commercial payments'

The Reserve Bank of India (RBI) has ordered Visa to halt unauthorized arrangements for commercial payments through intermediaries, citing legal concerns and potential risks.

The Reserve Bank of India has restrained a card network from allowing businesses to make card payments through intermediaries to entities that do not accept card payments, citing a lack of legal...

The Reserve Bank of India has asked Visa and Mastercard to stop card-based commercial payments due to concerns over KYC compliance, affecting businesses and fintechs.