Payments processor articles
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RBI digital payments: Track fishy transactions, RBI tells payment firms
The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
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RBI Extends Payment Aggregator Rules to Include Physical Point of Sale Payment Providers
bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.
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When to Use a Blender Versus a Food Processor
Blenders and food processors both cut food (fast) but the shape of the container and blades makes them each experts at different tasks. Once you know what they do best, you can use both of these appliances to make your work in the kitchen much easier.