https://www.taxtmi.com/news?id=20089 India's retail payment framework requires operational excellence across six attributes-AVAILABILITY, EFFICIENCY, CONVENIENCE, SAFETY, SECURITY, and ADAPTABILITY-with practical measures including onboarding of regional banks onto electronic platforms, rigorous security and risk management, consumer education and effective digital grievance redressal, product consolidation and interoperability, and forward looking initiatives such as fraud data sharing, analytics, regulatory sandboxes, and standards for mobile and IoT payments. en-us Thu, 31 May 2018 09:59:48 +0530 Thu, 31 May 2018 09:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20089 India's retail payment framework requires operational excellence across six attributes-AVAILABILITY, EFFICIENCY, CONVENIENCE, SAFETY, SECURITY, and ADAPTABILITY-with practical measures including onboarding of regional banks onto electronic platforms, rigorous security and risk management, consumer education and effective digital grievance redressal, product consolidation and interoperability, and forward looking initiatives such as fraud data sharing, analytics, regulatory sandboxes, and standards for mobile and IoT payments. News - Thu, 31 May 2018 09:59:48 +0530 https://www.taxtmi.com/news?id=20089