By Ameet Roy,( finserv@vinodkothari.com) Payment systems in India are governed by the Payment and Settlement Systems Act, 2007 (PSS Act) and the RBI is the regulatory of all payment system India. All applications for granting of licence under the PSS Act has to be made to the RBI. Under the guidelines for Issuance and Operation … Continue reading Getting a licence for Pre-paid Payment Instruments in India.