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The need of the hour is to take steps to ensure the security of such banking transactions as threats may arise that need a cooperative and collaborative security model
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Mumbai, Feb 15: The Reserve Bank on Thursday asked card network Visa to stop making payments through intermediaries to entities which do not accept card payments, saying a large amount of funds are involved in the activity without legal sanction, according to sources. As per information available, only one card network has operationalised this arrangement
Mumbai, Feb 15: The Reserve Bank on Thursday asked card network Visa to stop making payments through intermediaries to entities which do not accept card payments, saying a large amount of funds are involved in the activity without legal sanction, according to sources. As per information available, only one card network has operationalised this arrangement