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"Single Block, Multiple Debits" feature on UPI introduced for investments and e-commerce.
According to the RBI, money will stay in a customer's account until the actual delivery of goods or services.
Exponential growth, UPI payments, Digital Rupee, Trial launch, support, India's CBDC Pilot.
New Delhi, Mumbai, Bengaluru, and Bhubaneswar are the first four cities to participate in India's digital currency CBDC retail pilot.
On December 1, RBI will launch its first retail digital rupee pilot.
The digital rupee, which is a virtual representation of India's fiat currency, is built on the blockchain.
RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers
The central bank has not yet made any indication that a deadline extension is possible, despite a request from smaller retailers to postpone the compliance date
'Online Card Transaction' Through 'Tokenisation' New RBI Rules From july 1, 2022
news giving information about the new rules issued by RBI regarding making secure the payment modes by Tokenisation