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    <title>Electronic Payment System in Towns and Villages</title>
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    <description>The Reserve Bank of India has issued guidance to expand electronic payment mechanisms in towns and villages, supporting systems such as Real Time Gross Settlement, National Electronic Funds Transfer and National Electronic Clearing Services, and recognising mobile banking, prepaid payment instruments and mobile wallets as enabling instruments; banks are encouraged to deploy ATMs and Point of Sale devices to promote electronic payment acceptance.</description>
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    <pubDate>Thu, 20 Dec 2012 17:56:29 +0530</pubDate>
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