DRAFT CIRCULAR FOR COMMENTS CO.DPSS.POLC.No. S-**** / 02-14-003 / 2024-25 Date of Issue All Payment System Providers and Payment System Participants (banks and non-banks) Madam / Dear Sir, Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions - DRAFT

DRAFT FRAMEWORK FOR COMMENTS CO.DPSS.POLC.No. S  **/ 02-14-015 / 2024-2025 Date of issue All Payment System Providers and Payment System Participants (banks and non-banks) Dear Sir / Madam, Framework on Alternative Authentication Mechanisms for Digital Payment Transactions - DRAFT

DRAFT DIRECTIONS FOR COMMENTS CO.DPSS.POLC.No. S **/ 02-01-001 / 2024-2025 Date of issue The Chairman / Managing Director / Chief Executive All Scheduled Commercial Banks including RRBs / Urban Cooperative Banks / State Cooperative Banks / District Central Cooperative Banks / National Payments Corporation of India (NPCI) Dear Sir / Madam, Aadhaar Enabled Payment System – Due Diligence of AePS Touchpoint Operators - DRAFT

CO.DPSS.POLC.No. S-*** / 02-14-008 / 2024-25 Date of Issue All Payment System Providers and Payment System Participants Madam / Dear Sir, Regulation of Payment Aggregators (PAs) - DRAFT Reference is invited to the Reserve Bank of India (RBI) circulars DPSS.CO.PD.No.1810 / 02.14.008 / 2019-20 dated March 17, 2020, CO.DPSS.POLC.No.S33 / 02-14-008 / 2020-2021 dated March 31, 2021 on “Guidelines on Regulation of Payment Aggregators and Payment Gateways”, and circular CO.DPSS.POLC.No.S-761 / 02-14-008 / 2022-23 dated July 28, 2022 on “Regulation of Payment Aggregators – Timeline for submission of applications for authorisation – Review”. Keeping in view the importance of Payment Aggregators (PAs) in the payment ecosystem, these circulars provided for, inter-alia, direct regulation and authorisation of PAs facilitating payments at online Point of Sale by the RBI. 
 

CO.DPSS.POLC.No. S-*** / 02-14-008 / 2023-24 Date of Issue All Payment System Providers and Payment System Participants Madam / Dear Sir, Regulation of Payment Aggregators – physical Point of Sale - DRAFT

Draft Circular for Comments CO.DPSS.POLC.No. S-**** /02-14-003/2023-24 July 05, 2023 The Chairman / Managing Director / Chief Executive Officer Authorised Payment System Providers / Participants (Banks and Non-banks) Madam / Dear Sir, Draft Circular - Arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards The authorised card networks1 tie-up with banks / non-banks for issuance of debit / credit / prepaid cards. The choice of affiliated network2 f

Draft Master Directions for Comments CO.DPSS.OVRST.No.xx / xxxx / 2023-24 June 02, 2023 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Operators Madam / Dear Sir, Draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators Ensuring safety and security of payment systems is a key objective of the Reserve Bank. To ensure that the authorised non-bank Payment System Operators

DPSS.CO.PD.No. /02.14.003/2014-2015 March 13, 2015 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 (Draft Circular for comments) Madam / Dear Sir Card Payments - Removal of requirement of Additional Factor of Authentication for small value card present transactions Reserve Bank of India

The Reserve Bank of India (RBI) today announced the guidelines for setting up and operating the Trade Receivables Discounting System (TReDS). TReDs is a scheme for setting up and operating the institutional mechanism to facilitate the financing of trade receivables of micro, small and medium enterprises (MSMEs) from corporate and other buyers, including government departments and public sector undertakings (PSUs) through multiple financiers.

Micro, Small and Medium Enterprises (MSMEs), despite the important role played by them in the economic fabric of the country, continue to face constraints in obtaining adequate finance, particularly in terms of their ability to convert their trade receivables into liquid funds. In order to address this pan-India issue through setting up of an institutional mechanism for financing trade receivables,the Reserve Bank of India had published a concept paper on “Micro, Smal