https://www.taxtmi.com/news?id=17254 Recommend structural reforms by creating an independent Payments Regulatory Board and amending the Payments and Settlement Systems Act, 2007 to mandate competition, open access and interoperability, consumer protection with penalties and appeal, systemic-risk regulation, data protection and regulatory governance; and propose coordinated government and RBI measures to promote and operationalise digital payments including incentivisation, a reinvestment fund, NPCI governance reform, non-bank PSP access, extended system availability and interoperability. en-us Wed, 11 Jan 2017 17:01:10 +0530 Wed, 11 Jan 2017 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17254 Recommend structural reforms by creating an independent Payments Regulatory Board and amending the Payments and Settlement Systems Act, 2007 to mandate competition, open access and interoperability, consumer protection with penalties and appeal, systemic-risk regulation, data protection and regulatory governance; and propose coordinated government and RBI measures to promote and operationalise digital payments including incentivisation, a reinvestment fund, NPCI governance reform, non-bank PSP access, extended system availability and interoperability. News - Wed, 11 Jan 2017 17:01:10 +0530 https://www.taxtmi.com/news?id=17254