New umbrella entities: Filling the gap in the B2B payments space

The Reserve Bank of India (RBI)’s framework for the authorisation of pan-India New Umbrella Entity/Entities (NUE) has a multitude of forecasted benefits. NUEs will complement the National Payments Corporation of India (NPCI) and strengthen India’s...

from Times of India Opinion https://ift.tt/3oFaFBE