RBI issues circular on Regulation of Payment Aggregator – Cross Border (PA – Cross Border)

News Financial services English Law & Policy Updates

Date: 31st Oct, 2023 Source: Reserve Bank of India Country: India Original Source

Brief

A draft circular on processing and settlement of small value export and import related payments facilitated by Online Export-Import Facilitators (OEIFs) was issued for comments on April 7, 2022, by the Foreign Exchange Department of RBI under the Foreign Exchange Management Act, 1999. As the activities of OEIFs / Online Payment Gateway Service Providers (OPGSPs)

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RBI issues circular on Regulation of Payment Aggregator – Cross Border (PA – Cross Border)

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RBI issues circular on Regulation of Payment Aggregator – Cross Border (PA – Cross Border)

Brief

Reserve Bank of India

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