SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries
The Securities and Exchange Board of India (SEBI) is working on a secure Unified Payments Interface (UPI) system specifically for registered market intermediaries. This initiative is designed to improve investor security, prevent fraudulent transactions, and guarantee that payments are made solely to authorized intermediaries. SEBI’s proposal comes as unregistered entities increasingly mislead investors and collect […]
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