RBI plans new payment system to safeguard essential payments against digital attack, natural calamities

In its annual report 2023-23, RBI has mentioned conceptualising this new lightweight and portable payment system that can be operated from anywhere by a bare minimum staff in the event of natural calamities and war, the regulator said.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.