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FDB and Visa Worldwide's new partnership to benefit individuals and Small and Micro businesses

FDB and Visa Worldwide’s new partnership to benefit individuals and Small and Micro businesses

Fiji , Asia-pacific-patsian , Saud-minam , Visa-worldwide-pte , Fiji-development-bank , Micro-businesses , Visa-worldwide-pte-limited , Inclusive-impact , Asia-pacific-patsian-low , News , Business ,

FDB and Visa Worldwide's new partnership to benefit individuals and Small and Micro businesses

FDB and Visa Worldwide’s new partnership to benefit individuals and Small and Micro businesses

Fiji , Asia-pacific-patsian , Saud-minam , Visa-worldwide-pte , Fiji-development-bank , Micro-businesses , Visa-worldwide-pte-limited , Inclusive-impact , Asia-pacific-patsian-low , News , Business ,

RBI Restriction: Mastercard's Loss May Well be Visa's Gain | Business

RBI Restriction: Mastercard's Loss May Well be Visa's Gain | Business
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RBI Restriction: Mastercard's loss may well be Visas' gain

RBI Restriction: Mastercard's loss may well be Visas' gain
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

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RBI Restriction: Martercard's loss may well be Visas' gain (Ld)

RBI Restriction: Martercard's loss may well be Visas' gain (Ld)
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

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RBI imposes restrictions on American Express and Diners Club

RBI imposes restrictions on American Express and Diners Club
April 23, 2021
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The Reserve Bank of India (RBI) has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1.
In an order issued on Friday, the RBI said the aforementioned entities have been found non-compliant with the directions on Storage of Payment System Data. This order will not impact existing customers, it added.
The RBI’s circular on Storage of Payment System Data (April 6, 2018) had directed all Payment System Providers to ensure that the entire data relating to payment systems operated by them is stored in a system in India within six months.

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Visa undertakes to address competition concerns over debit card payments

Date Time
Visa undertakes to address competition concerns over debit card payments
The ACCC has accepted a court-enforceable undertaking from Visa AP (Australia) Pty Ltd and Visa Worldwide Pte Limited (together, Visa) in relation to concerns that Visa may have limited competition in relation to debit card acceptance through its dealings with large merchants.
“The ACCC was concerned that Visa’s strong market position in the credit card acceptance market could be leveraged to limit competition in the debit card acceptance market by tying the offer of cheaper strategic merchant rates for credit card transactions to a commitment from the merchant to process Visa branded dual network debit card transactions via the Visa network and not through eftpos,” ACCC Chair Rod Sims said.

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