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eRupaya and PaySe: What RBI’s First Regulatory Sandbox Picks Hope To Do
The first set of technologies being tested under the RBI’s sandbox focus on offline payments for rural markets.
19 Nov 2020, 04:02 PM IST
Nearly a year after opening up the process of enrolling new financial technologies into its regulatory sandbox, the Reserve Bank of India has selected six products, two of which have initiated testing.After facing a short delay on account of the Covid-19 pandemic, two of the six selected entities— Jaipur-based Natural Support Consultancy Services Pvt. (eRupaya) and New Delhi’s Nucleus Software Exports Ltd. (PaySe)—began testing their...
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