The Reserve Bank of India (RBI) on April 09, 2026, issued the Discussion Paper on the Exploring safeguards in digital payments to curb frauds.
The following has been stated namely: -
• Digital payments in India have grown rapidly, but this has also led to an increase in fraud risks.
• The Reserve Bank of India has issued a Discussion Paper on safeguards to curb digital payment frauds.
• This initiative aligns with the RBI’s policy announcement dated February 06, 2026 to ensure secure digital transactions.
• Stakeholders can submit feedback via the ‘Connect 2 Regulate’ portal on the RBI website by May 08, 2026.
[Press Release: 2026-2027/57]