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Foreign card payment companies may have to shell out more taxes once data servers are set up indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
বিদেশী ব্যাংকগুলোর সাফল্যের 'মরূদ্যান' ভারত – Business24BD business24bd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business24bd.com Daily Mail and Mail on Sunday newspapers.
Reserve Bank of India Decides to Indefinitely Prevent Mastercard from Providing New Debit, Credit Cards to Locals The Reserve Bank of India (RBI) revealed on Wednesday (July 14, 2021) that it has decided to indefinitely ban Mastercard Inc (NYSE: MA) from providing any new debit or credit cards to local clients for allegedly violating data storage guidelines. This move appears to be significant setback to the payments giant as India is a major market. In a statement, the RBI noted that Mastercard failed to adhere to relevant data storage guidelines from 2018 which require foreign card networks to store Indian payments data strictly in India so that regulatory authorities are able to maintain “unfettered supervisory access.” ....
India bans Mastercard from issuing new cards in data storage row newsindiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsindiatimes.com Daily Mail and Mail on Sunday newspapers.
India bans Mastercard from issuing new cards in data storage yibada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yibada.com Daily Mail and Mail on Sunday newspapers.