RBI Audit

In line with the guidelines issued by the Reserve Bank of India RBI, the Payment Aggregators and Payment Gateways Audit is a comprehensive assessment of these entities’ compliance, security, and risk management practices. This audit aims to protect consumers’ interests and ensure transaction security and compliance with legal requirements. It shall examine a variety of aspects, e.g., risk management procedures, data protection standards, security requirements in the area of transaction processing, and their compliance with Local Inclusions, Governance, and Antimony Laundering Measures.

The audit is also concerned with developing information security policies, setting up the mechanisms for handling cybersecurity events and breaches, and performing background checks on traders to prevent fraud. In general, the audits of payment Aggregators and Payment Gateways have a critical role in supporting safe transactions, protecting customer data, and ensuring compliance with legal guidelines.