RBI rejects merchants’ bid to allow storage of customer credit card data: Report

Merchants wrote to the RBI on February 1, that not allowing storage of the data “disrupts a system that has been functioning seamlessly.”

from Moneycontrol Business News https://www.moneycontrol.com/news/business/rbi-rejects-merchants’-bid-to-allow-storagecustomer-credit-card-data-report_14884981.html