RBI bars Mastercard from onboarding new customers in India - Business News: Latest News & Videos about market and economy | Trendmergers

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RBI bars Mastercard from onboarding new customers in India

The central bank’s supervisory action on Mastercard is citing its non-compliance with data localisation mandate wherein all foreign payment operators storing card and customer related data must do so in servers physically present in India.

from Stocks-Markets-Economic Times
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