PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

RBI Starts Physical Reporting to Geo-Tag the Indian Payment Landscape

By Tim Sloane
March 28, 2022
in Analysts Coverage, Data, Emerging Payments
0
0
SHARES
0
VIEWS
Share on LinkedIn
RBI Starts Physical Reporting to Geo-Tag the Indian Payment Landscape

RBI Starts Physical Reporting to Geo-Tag the Indian Payment Landscape

Geo-tagging is a common security method used by card networks as a potential fraud attribute. The location may be simply evaluating the IP address of the buyer in an online transaction, or more accurate data may be collected from GPS, WiFi, or other sensors. Over time, as with Google Maps, enough people have visited a site to enable triangulation of the merchant’s physical location, if not self-reported to assure top search rankings.

The Reserve Bank of India’s (RBI) approach for geo-tagging requires payment networks and others in the payment ecosystem to document and submit geo-tagging information to the RBI’s Centralized Information Management System (CIMS). This will be a huge data repository that will change significantly on a daily basis and so one wonders how effectively the government can correlate so much diverse and rapidly changing data and how it will distribute that knowledge to those that need it.

“Under the framework, Banks/Non-bank PSOs shall capture and maintain geographical coordinates for all payment touch points. Further, geo-tagging in respect to PoS terminals and Paper-based/Soft QR Codes should be submitted to RBI.

PoS terminals include – mobile PoS, soft PoS, tablet PoS, desktop PoS, self-service kiosk PoS, android-based PoS terminals, non-android-based PoS terminals with GPRS SIM Card-embedded, non-android-based PoS terminals with PSTN Line Connectivity, etc. Meanwhile, QR codes consist of Bharat QR, UPI QR, etc.

There are broad categories of physical infrastructure for digital payment transactions carried out by customers using payment touch points. Firstly, banking infrastructure comprises bank branches, offices, extension counters, Automated Teller Machines (ATMs) / Cash Deposit Machines (CDMs), Cash Recycler Machines (CRMs), micro-ATMs used by Business Correspondents (BCs), etc. Secondly, payment acceptance infrastructure such as Points of Sale (PoS) terminals, Quick Response (QR) codes deployed by banks/non-bank Payment System Operators (PSOs), etc.”

Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group

0
SHARES
0
VIEWS
Share on LinkedIn
Tags: DataData ManagementData ReportingFraudIndiaPayment NetworksPOSReserve Bank of India

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    digital euro

    Can the Digital Euro Be the Difference Maker the EU Needs?

    July 15, 2026
    tap-to-pay

    Tap-to-Pay Gives Small Merchants a Big Advantage

    July 14, 2026
    cyber resilience

    Modern Cyber Risk Is Breaking Longstanding Security Assumptions

    July 13, 2026
    Merchants Real-Time Payments, swipe fees, BNPL

    How Software Turned Payments Into a Seamless Part of Commerce

    July 10, 2026
    credit union data, credit union technology

    Inside the Tech Shift Redefining How Credit Unions Operate

    July 9, 2026
    embedded payments

    What Embedded Payments Can Solve for Small Businesses

    July 8, 2026
    apple tap to pay

    Build Momentum Behind Zelle for Business

    July 7, 2026
    Accredited Payments Risk Professional

    The Growing Importance of Payments Risk Expertise

    July 6, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result