Ombudsman Scheme for Digital Transactions, 2019 - RBI - Reserve Bank of India
Ombudsman Scheme for Digital Transactions, 2019
Executive Director Ombudsman Scheme for Digital Transactions, 2019 NOTIFICATION Ref. CEPD. PRS. No. 3370/13.01.010/2018-19 Date: January 31, 2019 In exercise of the powers conferred by Section 18 of the Payment and Settlement Systems Act, 2007, being satisfied that in the public interest and in the interest of conduct of business relating to payment systems, it is necessary to provide for a mechanism of Ombudsman for redressal of complaints against deficiency in services related to digital transactions, the Reserve Bank of India hereby directs that, the System Participants defined under the Ombudsman Scheme for Digital Transactions, 2019 shall come within the ambit, and should comply with the provisions of the Ombudsman Scheme for Digital Transactions, 2019. 2. The Scheme shall come into force from January 31, 2019. (Surekha Marandi) |