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RBI Rejects Demand of Online Merchants to Store Customers’ Credit Card Data - (26 Feb 2021)

BANKING

Reserve Bank of India has rejected the demand of top online merchants like Amazon, Microsoft, Netflix, Flipkart and Zomato to store customers’ credit card data under the new payment aggregators and payment gateway (PA/PG) rules enforceable from July 2021.

Tags : RESERVE BANK OF INDIA   CUSTOMERS’ CREDIT CARD DATA  

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