https://www.taxtmi.com/article/detailed?id=9411 RBI announced a pilot for Offline Retail Payments to enable small value transactions without continuous internet, mandated phased Online Dispute Resolution systems for Payment System Operators to address failed digital transactions, introduced a Positive Pay mechanism within the Cheque Truncation System to curb cheque fraud for higher value instruments, and will set up an Innovation Hub to foster technology innovation across payment services, cybersecurity and consumer protection. en-us Tue, 11 Aug 2020 07:42:55 +0530 Tue, 11 Aug 2020 07:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9411 RBI announced a pilot for Offline Retail Payments to enable small value transactions without continuous internet, mandated phased Online Dispute Resolution systems for Payment System Operators to address failed digital transactions, introduced a Positive Pay mechanism within the Cheque Truncation System to curb cheque fraud for higher value instruments, and will set up an Innovation Hub to foster technology innovation across payment services, cybersecurity and consumer protection. Articles FEMA - Foreign Exchange Management Tue, 11 Aug 2020 07:42:55 +0530 https://www.taxtmi.com/article/detailed?id=9411