<h1>RBI Extends Deadlines for Payment System Compliance: New Dates for Non-Bank Issuers and Payment Aggregators.</h1> The Reserve Bank of India (RBI) has extended the compliance timelines for various payment system requirements due to the current situation. The extensions apply to non-bank prepaid payment instrument issuers for meeting net-worth requirements and submitting audit reports, enhancing card transaction security, harmonizing turnaround time for failed transactions, and regulating payment aggregators and gateways. The revised deadlines range from September 30, 2020, to December 31, 2020, depending on the specific requirement. This directive is issued under the Payment and Settlement Systems Act, 2007.