PREVIOUS
✖
Regulatory Sandbox
December 24 , 2020
1435 days
975
0
- The Reserve Bank of India recently announced the second cohort under Regulatory Sandbox.
- It was announced under the theme of “Cross Border Payments”.
- The Regulatory Sandbox refers to live testing of new products and services in a controlled environment.
- The first cohort under Regulatory Sandbox included companies in the retail payment space.
- It included feature phones, contactless payments and offline payments.
- This was released in 2019.
Leave a Reply
Your Comment is awaiting moderation.