RBI FOR DOMESTIC CARD PAYMENT SYSTEM

Ravikumar.G , Last updated: 28 September 2007  
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The Reserve Bank of India (RBI) is in favour of a domestic card payment settlement company to rival the global payment majors Visa and MasterCard. The Indian Banks Association (IBA) had earlier proposed the setting up of a domestic card transaction settlement company called India Pay, following a fo

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Ravikumar.G
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