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India's central bank plans to modernize digital payments with new security and interoperability features by 2028.
The Reserve Bank of India has introduced its "Payments Vision 2028" to modernize the country's digital payment system over the next three years.
Key initiatives include a "switch on/off" feature for digital transactions to enhance user control, a shared liability framework to reduce fraud risk, and the introduction of electronic cheques.
The plan also focuses on improving interoperability across payment systems and strengthening cybersecurity measures.
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El banco central de India planea modernizar los pagos digitales con nuevas características de seguridad e interoperabilidad para 2028.