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Card-based business payments: Card-based business payments violated Payment and Settlement Systems Act, 2007: RBI

On February 14, ET wrote that fintech startups like EnKash, Paymate and others have been instructed by card network Visa to stop offering business payment services through their commercial cards. The central bank mentioned that only one card network offers this service currently, without naming them.
Uttar Pradesh Offering College Indian School Of Business Programme In Fintech Settlement Systems Act Reserve Bank

Delhi High Court rejects PILs to stop Google Pay operations; says Google Pay does not need RBI authorisation

The Delhi High Court recently dismissed two Public Interest Litigation (PIL) petitions seeking directions to cease the operations of Google Pay in India for an alleged violation of regulatory and privacy norms.
Justice Subramonium Prasad Justice Satish Chandra Sharma Chief Justice Satish Chandra Sharma Google Pay Reserve Bank Settlement Systems Act

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