Page 12 - Ramesh Narasimhan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Payments industry needs a self-regulator with teeth: Ramesh Narasimhan of WorldLine India OLYMPUS DIGITAL CAMERA Like any industry, the payments industry has responsible players and some who think it’s the wild-west, said WorldLine India’s Ramesh Narasimhan in an interview with MediaNama. “We need a self-regulatory body with teeth, that can take action against players and make them fall in line with the best practices,” said Narasimhan, who is the head of digital commerce at WorldLine India. MediaNama recently reported that the Payments Council of India (PCI) is in the final stages of submitting an application to the Reserve Bank of India (RBI) for a license to operate as a self-regulatory organisation (SRO) governing the digital payments ecosystem. The PCI, which operates under the Internet and Mobile Association of India (IAMAI), will float a

Ramesh narasimhanAssociation of indiaPayments council of indiaWorldline indiaPayments councilReserve bankMobile associationAtos worldline indiaரமேஷ் நரசிம்மன்சங்கம் ஆஃப் இந்தியாகொடுப்பனவுகள் சபை ஆஃப் இந்தியாஉலக வரி இந்தியாகொடுப்பனவுகள் சபைஇருப்பு வங்கிகைபேசி சங்கம்