Launch of interoperable payment system for internet banking in 2024: RBI Guv

Launch of interoperable payment system for internet banking in 2024: RBI Guv

MUMBAI: Reserve Bank Governor Shaktikanta Das on Monday said the launch of interoperable payment system for internet banking is likely in 2024 which will facilitate quicker settlement of funds for merchants.Internet banking is one of the oldest modes for online merchant payment transactions and is a preferred channel for payments like income tax, insurance premium, …

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