All posts tagged "Diners Club"
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450EnforcementRBI Releases Mastercard from Restrictions Imposed Last Year
Mastercard was barred from onboarding new domestic customers in July last year due to noncompliance with India's data storage rules.
June 21, 2022 -
200IndiaRBI Lifts Diners Club Restrictions Citing ‘Satisfactory Compliance’
Restrictions prohibiting Diners Club from onboarding new domestic customers have been lifted. Similar restrictions are still in place for Amex and Mastercard.
November 14, 2021 -
385Fintech / RegtechRBI Halts Plan to Allow New Umbrella Entities in Retail Payments
The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India's data localisation rules.
September 2, 2021 -
249IndiaRBI Says Only Visa Complies With Data Localisation Rules
Visa is the only foreign card network that complies with requirements for financial data on Indian customers to be stored locally, the RBI says.
August 19, 2021 -
204Enforcement
RBI Imposes Restrictions on Mastercard Over Data Storage
The action may hamper the ability of private banks to issue new cards to customers in the near term due to their exclusive tie-ups with Mastercard.
July 15, 2021
