RBI KYC Deadline May Disrupt UPI Payments For Millions Of Small Merchants
India’s digital payments sector is preparing for possible disruptions as the Reserve Bank of India’s deadline for merchant Know Your Customer (KYC) compliance draws closer. According to a report by Moneycontrol, payment industry executives have raised concerns that a significant number of small businesses may struggle to complete the required verification process before September 15. Industry…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.