RBI invites comments on draft circular on Arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards

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..... RBI invites comments on draft circular on Arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards - News and Press Release Dated:- 6-7-2023 - News - The Reserve Bank of India ha .....

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..... s today placed on its website the draft circular on Arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards for feedback from stakeholders. Comments / Feedback, if any, may be s .....

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..... ent by email , or by post to the Chief General Manager-in-Charge, Department of Payment and Settlement Systems, Central Office, Reserve Bank of India, 14th Floor, Central Office Building, Shahid Bhag .....

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..... at Singh Road, Mumbai - 400 001, on or before August 4, 2023. 2. The draft circular mandates card issuers (banks / non-banks) to issue cards on more than one card-network along with providing custo .....

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..... mers the facility to choose any one among the multiple card networks. It also restrains card issuers from entering into agreements that limit their ability to tie-up with other card-networks. (Yog .....

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..... esh Dayal) Chief General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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