RBI Directions for opening and operation of Accounts and settlement of payments for electronic payment transactions involving intermediaries
Nov 26, 2009 RBI
RBI/2009-10/ 231
DPSS.CO.PD.No. 1102 /02.14.08/ 2009-10 Dated: November 24, 2009
To
All Banks, Payment System Providers and System Participants
Dear Sir,
Directions for opening and operation of Accounts and settlement of payments for electronic payment transactions involving intermediaries
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Tags: aggregators, bill payments, commerce service providers, electronic commerce, electronic modes, electronic payment transactions, facilitation, gateway service providers, intermediaries, mobile commerce, orderly conduct, payment gateway, payment instrument, settlement systems, system participants, system providers