India: RBI circular including restriction of payment cards regarding e-commerce, contactless and international usage
Description
RBI circular including restriction of payment cards regarding e-commerce, contactless and international usage
RBI circular "Enhancing the Security of Card Transactions" for reissued cards effective October 1, 2020 mandating switching off for e-commerce, contactless, and international usage targeting international networks.
Original sourceScope
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
other service provider, other service provider, other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank