Department of Payment and Settlement Systems

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Department of Payment and Settlement Systems

Gaush Ali

Modified 12 Days ago.

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Department of Payment and Settlement Systems (DPSS)

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Sl. No.	Service	Timeline (days)ⁱ	Submission Mode
21	Application for Membership to Centralised Payment Systems	15**	PRAVAAH
22	General Purpose Application - Payment and Settlement Systems	15**	PRAVAAH
23	Voluntary surrender of CoA by Payment System Operators (PSOs)	15**	PRAVAAH
24	Issue of Certificate of Authorisation (CoA) - After receipt of System Audit Report (SAR)	30	PRAVAAH
25	Renewal of CoA	30	PRAVAAH
26	Issue of Certificate of Authorisation (CoA) - Reporting of changes after submission of SAR viz., change in promoters / directors, fresh investments etc.	60	PRAVAAH
27	Approval in case of takeover / acquisition of control of non-bank PSOs (timeline is not applicable for application received from overseas Principal under MTSS)	90^##	PRAVAAH
28	Authorisation to set up a payment system under PSS Act, 2007 - In-principle Authorisation (timeline is not applicable when a new category of payment system is introduced)	90	PRAVAAH

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Data Releases

This Section provides data on various aspects of Indian economy, banking and finance. While the current data defined as data for the past one year is available at the links provided below, researchers may also access data series available in the Database on Indian Economy link available on this page.