TNPSC Thervupettagam

Restrictions on Mastercard Asia - RBI

July 19 , 2021 1228 days 877 0
  • 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.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories