IFSC business location requirements require payment service providers to obtain prior approval for activities conducted from elsewhere. Payment Service Providers must maintain their place of business and registered office in an IFSC. Activities relating to payment services from a business ... Summary
IFSC business location requirements require payment service providers to obtain prior approval for activities conducted from elsewhere.
Payment Service Providers must maintain their place of business and registered office in an IFSC. Activities relating to payment services from a business location outside the IFSC require prior approval from the Authority. An IFSC-based business presence and registered office are mandatory, subject to approved externally located activities.
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