Discussion Paper Exploring safeguards in digital payments to curb frauds
2026
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AI-generated summary
This discussion paper explores potential safeguards to enhance security and curb fraud in the rapidly expanding digital payments landscape.
* Examines regulatory measures already in place to secure digital payments.
* Proposes four distinct options for additional safeguards, including lagged credit, trusted person authentication, credit limits, and customer-induced controls.
* Seeks stakeholder feedback on the feasibility and desirability of these proposed measures.
Digital payments, fraud prevention, safeguards, RBI, payment security
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