An entity authorised by RBI under the Payment and Settlement Systems Act, 2007 to operate payment systems including card networks, ATM networks, UPI, NEFT, RTGS, IMPS, and prepaid payment instruments.
Last updated: 17 May 2026
An entity authorised by RBI under the Payment and Settlement Systems Act, 2007 to operate payment systems including card networks, ATM networks, UPI, NEFT, RTGS, IMPS, and prepaid payment instruments.
Payment System Operator is significant under RBI because An entity authorised by RBI under the Payment and Settlement Systems Act, 2007 to operate payment systems including card networks, ATM networks, UPI, NEFT, RTGS, IMPS, and prepaid payment instruments.
Payment System Operator under RBI applies to companies, professionals, and individuals involved in RBI-related compliance and regulatory matters in India. Specifically: An entity authorised by RBI under the Payment and Settlement Systems Act, 2007 to operate payment systems including card networks, ATM networks, UPI, ...