The Reserve Bank had announced opening of the ‘On Tap’ application facility for the theme ‘Retail Payments’ under Regulatory Sandbox vide Press release dated October 08, 2021.

2. In this regard, it is informed that the below mentioned two entities have been selected for the ‘Test Phase’:

(Yogesh Dayal)     
Chief General Manager

Press Release: 2022-2023/817

¹ Aktiebolag (AB) is the Swedish term for ‘’corporation” or “limited company”