RBI Asks Visa, Mastercard To Stop Card-Based Commercial Payments | Personal Finance News
[ad_1] Mumbai: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses due to concerns over KYC compliance. While Visa has acknowledged to a communication to this effect from the regulator on February 8, a response from Mastercard was awaited. The development … Read more