The Reserve Bank of India (RBI) is proposing mandating ... Card issuers in India are required to register their bank identification numbers (BINs) with card networks for AFA validation.

In a circular dated February 15, the RBI has directed an unnamed card network to keep in abeyance all card-based business payments made via payments intermediaries to entities that do not accept ...

New Delhi [India], March 6 (ANI): The Reserve Bank of India (RBI) has issued a directive aimed at enhancing consumer choice and competition in the credit card market. In a circular released on ...

RBI ’s goalposts for Payment Vision ... and offer digital payment solutions.RuPay credit cards can now be linked to a UPI ID, thus directly enabling safe, and secure payment transactions.