Digital payment requirement: suppliers must offer prescribed electronic payment options to recipients under prescribed regulatory conditions. The Bill adds a provision empowering the Government, on Council recommendation, to prescribe classes of registered persons who must provide prescribed ... Summary
Digital payment requirement: suppliers must offer prescribed electronic payment options to recipients under prescribed regulatory conditions.
The Bill adds a provision empowering the Government, on Council recommendation, to prescribe classes of registered persons who must provide prescribed electronic payment modes to recipients of supply and to give recipients the option to pay accordingly, with the manner, conditions and restrictions to be prescribed.
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