RBI/2017-18/153 DPSS.CO.OD No.2785/06.08.005/2017-2018 6 April 2018 The Chairman and Managing Director / Chief Executive Officers,Authorised Payment Systems / All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks /Payment Banks / Small Finance Banks and Local Area Banks Madam / Sir, Storage of Payment System Data Please refer to paragraph 4 of the Statement on Development and Regulator

RBI/2017-18/105 DPSS.CO.PD No. 1633/02.14.003/2017-18 December 06, 2017 The Chairman and Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks /Payment Banks and Small Finance Banks /All Card Network Providers Dear Madam / Sir, Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions Please refer to paragraph 1 of Statement

RBI/2016-17/300 DPSS (CO) EPPD No.2612/04.03.01/2016-17 May 08, 2017 The Chairman and Managing Director / Chief Executive Officer of member banks participating in NEFT Madam / Sir, National Electronic Funds Transfer (NEFT) system – Settlement at half-hourly intervals National Electronic Funds Transfer (NEFT) system presently settles the fund transfer requests of the participating banks on net basis at hourly intervals from 8:00 am to 7:00 pm on all working days. All p

RBI/2016-17/172 DPSS.CO.PDNo.1431/02.14.003/2016-17 December 6, 2016 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs/ Urban Co-operative Banks / State Co-operative Banks/ District Central Co-operative Banks/ Authorised Card Payment Networks Payment Banks and Small Finance Banks Madam/Sir, Card Not Present transactions – Relaxation in Additional Factor of Authentication for payments upto ₹ 2000/- for card netwo

RBI/2016-17/170 DPSS.CO.PD No.1421/02.14.003/2016-17 December 02, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authorised Card Payment Networks / White Label ATM Operators / Payments Banks / Small Finance Banks Dear Madam / Sir, Aadhaar-based Authentication for Card Present Transactions A reference is invited

RBI/2016-17/70 DPSS.CO.PD No.892/02.14.003/2016-17 September 29, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authorised Card Payment Networks / White Label ATM Operators / Payments Banks / Small Finance Banks Dear Madam / Sir, Aadhaar-based Authentication for Card Present Transactions A reference is invited t

RBI/2016-17/63 DPSS.CO.PD No.812/02.14.003/2016-17 September 15, 2016 All Scheduled Commercial Banks including RRBs/Co-operative Banks / State Co-operative Banks/Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our circular DPSS (CO) PD No.2112/02.14.003/2014-15 dated May 07, 2015 and DP

RBI/2016-17/59 DPSS.CO.PD No.639/02.14.003/2016-17 September 1, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks/ State Co-operative Banks/ Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Merchant Discount Rates (MDR) structure – unbundling of charges A reference is invited to our circulars DPSS.CO.PD.No.2361/02.14.003/2011-12 dated June 28, 2012 and DPSS.CO.PD.No.27/02.14.003/2012-13 dated July 04, 2012 wherein dir

RBI/2015-2016/410 DPSS.CO.PD.No./2894/02.14.003/2015-2016 May 26, 2016 The Chairman and Managing Director / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks Madam / Sir, Merchant Acquisition for Card transactions Please refer to our circular RBI/2011-12/194.DPSS.PD.CO No 513/02.14.003/2011-2012 dated September 22, 2011 wherein various measures were prescribed