AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
RBI Crackdown on Fintechs and the Impact on Business Payment Service Providers (BPSP)
This chapter discusses the recent actions taken by the Reserve Bank of India (RBI) against certain fintechs and their partnership with payment networks Visa and Mastercard. It explains the disruption caused by business payment service providers (BPSP) and the subsequent impact of the RBI's intervention on their operations.