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Restrictions on Mastercard Asia - RBI
July 19 , 2021
1181 days
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- The Reserve Bank of India has imposed restrictions on Mastercard Asia/Pacific Private Limited for adding new domestic customers from 22nd July 2021.
- MasterCard will not be allowed to add customers, be it for debit, credit or pre-paid cards onto its network.
- This is because the entity has failed to comply with the directions on Storage of Payment System Data.
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