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  • Update on E-Mandate Processing for Auto-Replenishment

    Update on E-Mandate Processing for Auto-Replenishment

    On 22nd August 2024, RBI updated its E-Mandate Framework through notification RBI/2024-25/64 CO.DPSS.POLC.No.S528/02-14-003/2024-25 to include the auto-replenishment of FASTag and National Common Mobility Card (“NCMC”) balances under the e-mandate framework. This update is significant because: (a)      Auto-replenishment will now be triggered automatically when

  • Self Regulatory Organization for Payment System Operators

    Self Regulatory Organization for Payment System Operators

    Self regulated organizations for payment system operators 10 nov2020  from  Novojuris   Introduction With the massive growth witnessed in India, in the digital payment ecosystem, there has arisen a need for having a framework for regulation for digital payments.

    NovoJuris
    By NovoJuris almost 4 years ago
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