Section 8 Payment Standards 2024 Pdf. Reserve bank of india had mandated additional factor of authentication (afa) for all transactions undertaken using cards, prepaid instruments and mobile banking channels. It is advised that banks should adhere to the national building code (nbc) formulated by the bureau of indian standards (bis) in view of the importance of safety.

Reserve bank of india had mandated additional factor of authentication (afa) for all transactions undertaken using cards, prepaid instruments and mobile banking channels. It is advised that banks should adhere to the national building code (nbc) formulated by the bureau of indian standards (bis) in view of the importance of safety.