While the RBI must be lauded for its visionary stance of mandating CoFT in the interest of promoting safe and secure digital payments for consumers, there exist implementation challenges, which may bear unintended adverse consequences for consumers and merchants.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/view-dear-rbi-dont-penalise-consumers-and-merchants-for-non-compliance-by-other-stakeholders/articleshow/87975474.cms
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