{"id":114774,"date":"2022-09-09T12:09:21","date_gmt":"2022-09-09T06:39:21","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=114774"},"modified":"2022-09-09T12:09:22","modified_gmt":"2022-09-09T06:39:22","slug":"rbi-selected-precision-and-hdfc-bank-for-retail-payments-test-phase","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/rbi-selected-precision-and-hdfc-bank-for-retail-payments-test-phase\/","title":{"rendered":"RBI selected Precision and HDFC Bank for retail payments test phase"},"content":{"rendered":"\n<p><strong>RBI selected Precision and HDFC Bank for retail payments test phase:<\/strong> RBI\u00a0has selected\u00a0HDFC Bank and Precision Biometric India\u00a0for testing their &#8216;on tap&#8217; retail payments applications\u00a0under the\u00a0regulatory sandbox scheme.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.gkseries.com\/blog\/category\/daily-quiz\/daily-quiz-september-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">September 2022 Current Affairs Quiz<\/a><\/p>\n\n\n\n<p><strong>Regulatory sandbox:<\/strong><\/p>\n\n\n\n<p>It refers to&nbsp;live testing of new products&nbsp;or services in a controlled\/test regulatory environment. For this regulators permit&nbsp;certain relaxations for the limited purpose of the testing. It allows the regulator, innovators, financial service providers and customers to&nbsp;conduct field tests.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI selected Precision and HDFC Bank for retail payments test phase: RBI\u00a0has selected\u00a0HDFC Bank and Precision Biometric India\u00a0for testing their &#8216;on tap&#8217; retail payments applications\u00a0under the\u00a0regulatory sandbox scheme. September 2022 Current Affairs Quiz Regulatory sandbox: It refers to&nbsp;live testing of new products&nbsp;or services in a controlled\/test regulatory environment. For this regulators permit&nbsp;certain relaxations for the [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":114775,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4926],"tags":[74,64],"class_list":["post-114774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-september-2022","tag-bank-current-affairs","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/114774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=114774"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/114774\/revisions"}],"predecessor-version":[{"id":114776,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/114774\/revisions\/114776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/114775"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=114774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=114774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=114774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}