{"id":7200,"date":"2024-06-09T16:42:44","date_gmt":"2024-06-09T16:42:44","guid":{"rendered":"https:\/\/econoasia.com\/visa-mastercard-pause-bpsp-payments-in-india-amid-industry-wide-investigation\/"},"modified":"2024-06-09T16:42:44","modified_gmt":"2024-06-09T16:42:44","slug":"visa-mastercard-pause-bpsp-payments-in-india-amid-industry-wide-investigation","status":"publish","type":"post","link":"https:\/\/econoasia.com\/zh-hans\/visa-mastercard-pause-bpsp-payments-in-india-amid-industry-wide-investigation\/","title":{"rendered":"Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"pymnts-content1785908\">\n<p style=\"font-weight: 400;\"><a href=\"https:\/\/usa.visa.com\/\" target=\"_blank\" rel=\"noopener\">Visa<\/a>\u00a0and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country\u2019s financial market regulator.<\/p>\n<p style=\"font-weight: 400;\">The <a href=\"https:\/\/www.rbi.org.in\/home.aspx\" target=\"_blank\" rel=\"noopener\">Reserve Bank of India<\/a> (RBI) directed the firms to halt domestic transactions for business payment solution providers (BPSPs), Reuters <a href=\"https:\/\/www.reuters.com\/business\/finance\/visa-halts-intermediated-commercial-card-payments-india-following-rbi-order-2024-02-14\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> Wednesday (Feb. 14).<\/p>\n<p style=\"font-weight: 400;\">\u201cVisa received a communication from the RBI on February 8, in what appears to be an industry-wide request for information on the role of business payment solution providers (BPSPs) in commercial and business payments,\u201d a Visa India spokesperson said in the report.<\/p>\n<p style=\"font-weight: 400;\">The spokesperson did not&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.pymnts.com\/credit-cards\/2024\/visa-pauses-commercial-card-payments-in-india-amid-industry-wide-investigation\/\">\u6765\u6e90\u94fe\u63a5 <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa\u00a0and Mastercard have reportedly paused intermediate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[456,8,1822,1819],"tags":[5445,5446,5447,5448,5449,5450,5451,87,5452,5453,288,5454,3560,2329,904,5455,5456],"class_list":{"0":"post-7200","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bombay-stock-exchange-bse","7":"category-fintech","8":"category-bombay-stock-exchange-bse-zh-hans","9":"category-financial-tech","10":"tag-b2b","11":"tag-b2b-payments","12":"tag-bank-regulation","13":"tag-bpsp","14":"tag-commercial-cards","15":"tag-commercial-payments","16":"tag-credit-cards","17":"tag-india","18":"tag-investigations","19":"tag-mastercard","20":"tag-news","21":"tag-pymnts-news","22":"tag-regulations","23":"tag-reserve-bank-of-india","24":"tag-visa","25":"tag-whats-hot","26":"tag-whats-hot-in-b2b"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=7200"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7200\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=7200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=7200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=7200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}