interoperable

RBI clears ‘interoperable’ net banking payments

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RBI clears ‘interoperable’ net banking payments

MUMBAI: RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive payments from any bank via internet banking, without signing up for every bank.Bharat Bill Payment System, an arm of the National Payments Corporation of India, will implement a new system of interoperable netbanking payments. This … Read more

Fastags are not interoperable, says RBI: How to transfer your Paytm Fastag to another bank |

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Fastags are not interoperable, says RBI: How to transfer your Paytm Fastag to another bank |

National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from the list of authorised Fastag providers. The list now has 32 banks and the road toll authority, Indian Highways Management Company (IHMCL), has advised users to buy Fastags from banks that are in the list. Reserve Bank of India (RBI) has … Read more