Do you save your debit card, credit card details on payment making apps? If yes, then here is an important update for you. The Reserve Bank of India (RBI) has issued “Guidelines on Regulation of Payment Aggregators and Payment Gateways”, according to which the authorised non-bank payment aggregators and merchants have been prohibited from storing card data (CoF) and this must be done before the deadline- June 30, 2022.
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