RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

From E-Cheques To Cross-Border Rails: RBI Lays Out Its Payments Vision For 2028

India’s digital payments landscape has undergone a transformation over the past decade following the launch of Unified Payments Interface (UPI). To build on this momentum and expand the global footprint of India’s payments ecosystem, the RBI has released ‘Payments Vision 2028’, which builds on the foundation of its earlier such documents. The central bank will focus on promoting inclusivity and resilience and deepening the trust in India’s digit…

RBI announces its ‘Payments Vision 2028’ – The Indian Awaaz

Last Updated on March 28, 2026 12:43 am by INDIAN AWAAZ The Reserve Bank of India (RBI) has announced its ‘Payments Vision 2028’, outlining a roadmap to strengthen and expand India’s rapidly growing digital payments ecosystem. Anchored in the theme, ‘Shaping India’s Payment Frontier’, the Vision document focuses on user empowerment, safeguards against fraud, improving the efficiency of cross-border payment frameworks, and promoting ease of doing…

RBI Mulling E-Cheques, Widening Regulatory Ambit To Include Digital Payment Firms

The RBI is also looking to facilitate enhanced access to payment data, given the significant growth in recent years, which will also serve as a single point of access for cross-border payment data.

RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

Mumbai, Mar 27 (PTI) The Reserve Bank on Friday introduced the 'Payments Vision 2028' document, announcing various initiatives like introducing electronic cheques and also widening the regulatory ambit to include entities such as e-commerce companies. A facility for the remitter to enable or disable transactions on any digital payment mode, similar to card transactions, is also on the anvil. Introducing a "shared responsibility framework" would …