RBI Fines Visa Rs 2.41 Crore Over Usage Of Unauthorised Payment Method – NDTV
New Delhi : The Reserve Bank of India said on Friday it had imposed a penalty of 241 million rupees (about $288,000) on Visa in connection with the use of unauthorized payment transmission methods. “It has been observed that the entity in question (Visa) had implemented a payment authentication solution without regulatory approval from the […]