Page 5 - Payment Systems
Now, you can use RBI's prepaid card for small-ticket retail purchases
When it comes to safety, this card will be on a par or perhaps even better
 "Now, you can use RBI's prepaid card for small-ticket retail purchases")
BRICS nations for common payment system to reduce dollar dependence: Russia
Dmitriev said the five BRICS nations had also discussed creating a common cryptocurrency for mutual payments as the grouping was reducing the share of payments in the U.S. dollar.
 "BRICS nations for common payment system to reduce dollar dependence: Russia")
Want to keep more than one credit card? Tips you should not ignore
How many credit cards you have and how you use them could impact your credit score, it's essential to make the right choice
 "Want to keep more than one credit card? Tips you should not ignore")
Over 80 payments apps face an uphill battle to turn the country cashless
Many merchants, especially in rural areas, remain unable or unwilling to accept digital transactions due to network connectivity issues and reluctance to pay charges for low-value transactions
 "Over 80 payments apps face an uphill battle to turn the country cashless")
3 retail payment systems get on-tap authorization to encourage competition
According to the RBI, the move is aimed at diversification of risk and encourages innovation and competition
 "3 retail payment systems get on-tap authorization to encourage competition")
Too many payment systems: RBI deputy governor B P Kanungo
The market and users should encourage some consolidation in this regard -exit routes for some of these payment service providers and products should be 'actively pursued', he suggested
 "Too many payment systems: RBI deputy governor B P Kanungo")
