Allahabad High Court : Deceased Farmer’s Odd Jobs Don’t Bar Family from Scheme Benefits || Secured Creditors' Dues Take Priority Over Govt Claims: Allahabad HC on SARFAESI & RDB Acts || Daughter Can’t Claim Mitakshara Father’s Property if He Died Pre-1956 & Son Survives: HC || Gujarat High Court: Sessions Court Can’t Suspend Sentence Just to Allow Revision Filing || Delhi High Court: Non-Combat Security Roles Crucial; Minor Lapse Risks National Safety || Punjab & Haryana HC: Allegation of Harassment Alone Insufficient to Prove Abetment to Suicide || Orissa HC: Directors Liable under S.138 NI Act Despite Company’s Insolvency || Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act || Chhattisgarh HC: Timely Appointment of Electronic Evidence Examiners Vital in Cyber Crime Probes || Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act

RBI seeks feedback on concept paper on Card Acceptance Infrastructure- (Reserve Bank of India) (08 Mar 2016)

MANU/RPRL/0080/2016

Banking

The Reserve Bank of India is inviting comments on its Concept Paper on Card Acceptance Infrastructure till 15 April 2016. The Paper proposes structured policy intervention to promote electronic payments by individual and institutional users, filling in the gap left by market forces. Accepting the growth of “less-cash” electronic payments over the years, the Bank proffers a multi-pronged strategy to address acceptance of card payments, safety and security and rationalisation of merchant fees for card transactions.

Tags : ELECTRONIC PAYMENTS CARDS CASHLESS INFRASTRUCTURE

Share :