Скачать или смотреть RBI announces plans to launch Emergency Payment System.

RBI announces plans to launch Emergency Payment System.

The RBI has announced that it is developing a new lightweight and portable payment and settlement system, (LPSS) using minimal hardware and software.

It will be activated only when needed, that is during any natural disaster or a catastrophic event.

This system will enable the smooth functioning of the economy in the event of need by processing transaction such as government transactions and market related transactions which are critical to the stability of the economy.

This will ensure that there is no disruption in the flow of money even in catastrophic situations.

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