Mint Primer: Why commercial card spending has been paused
[ad_1] The Reserve Bank of India has asked a card network to pause payments under a system that allowed corporates to make card payments to certain other businesses. RBI did…
RBI swipes left on commercial credit cards
[ad_1] The Reserve Bank of India (RBI) has halted businesses from paying each other via credit cards, by ordering card networks Visa and Mastercard to stop all such payments. Businesses…