Ministry : Reserve Bank of India

Department/Board : RBI

Press Release No. : 2019-2020/721

Date : 17.09.2019

Discussion Paper on Guidelines for Payment Gateways and Payment Aggregators

Reserve Bank has today placed on its website a discussion paper on 'Guidelines for Payment Gateways and Payment Aggregators' for public comments.

In the Statement on Developmental and Regulatory Policies released with the Sixth Bi-monthly Monetary Policy Statement for 2018-19, the Reserve Bank had announced that a discussion paper will be placed in the public domain for consultation with the stakeholders on comprehensive guidelines covering payments related activities of payment gateway providers and payment aggregators.

The Reserve Bank invites comments on the policy paper from all stakeholders and members of public by October 17, 2019. The comments may be sent by post to the Chief General Manager, Department of Payment and Settlement Systems, Reserve Bank of India, Central Office, 14th Floor, Shahid Bhagat Singh Marg, Mumbai-400001, or by email.

Yogesh Dayal
Chief General Manager