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On 1 April 2020, the Guidelines on the Regulation of Payment Aggregators (PAs) and Payment Gateways (PGs) issued by the Reserve Bank of India (RBI) were implemented. The Guidelines include a series of technology-related recommendations, which are considered mandatory for PAs and recommended for PGs. Furthermore, the Guidelines outline obligations related to data sovereignty, specifying that entities should implement preventive security measures and store the data in an infrastructure that does not "belong to external jurisdictions".
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