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RBI directs credit card issuers to give users choice of other networks

RBI directs credit card issuers to give users choice of other networks

by AIP Online Bureau | Mar 6, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

“On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers,” the Reserve Bank of India (RBI) said in a circular Mumbai: India’s central bank on...

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