#CashlessConsumer defining RBI #CBDC - e Rupee Retail / e₹-R

#cashlessconsumer - Planning to aggregate - How India pays - send us any interesting QR, PoS payment experience photos. Give @cashlessconsumr a follow

#Aadhaar enabled #UPI onboarding now live on #PhonePe

#CashlessConsumer cautions of heightened fraud particularly those with #PMJDY accounts

https://www.zeebiz.com/companies/news-phonepe-first-player-to-enable-upi-activation-with-aadhaar-what-it-means-207350

#Aadhaar enabled #UPI onboarding now live on #PhonePe

#CashlessConsumer cautions of heightened fraud particularly those with #PMJDY accounts

https://www.zeebiz.com/companies/news-phonepe-first-player-to-enable-upi-activation-with-aadhaar-what-it-means-207350

Disclosing upfront, I wrote 3 stories (op-ed) pieces for #CashlessConsumer on digital payments.

The most recent one mentioned #TekFog in pass by manner - while trying to convey impact of payments data disclosure by Razorpay.

https://thewire.in/tech/razorpay-alt-news-controversy-digital-payments-privacy

What @RBI won't tell you is there is no way to set limits for #UPI and #Aadhaar, where frauds can and do happen without limits. @RBIsays @DasShaktikanta @nsitharaman #CashlessConsumer

Limits are only available for cards and this parity is anti competitive.
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RT @GoI_MeitY
#DigitalIndia | India, do digital transactions safely & securely! Switch on, off or set, & modify transaction limits for all card transactions.@RBI kehta hai jaanka…
https://twitter.com/GoI_MeitY/status/1579722803796140033

I have been relatively off from #CashlessConsumer, but its that time now - #PaymentsPricing (public) consultation is due on Oct 3 for "Discussion Paper on Charges in Payment Systems" https://www.rbi.org.in/Scripts/PublicationsView.aspx?id=21082
🧵 to keep track of conversations and then will eventually answer 40 Q

#BlastFromThePast #SEBI being black box on #UPI #IPO
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RT @logic
#CashlessConsumer #RTI We asked @SEBI_India about the public consultation held for changing the listing process using #UPI. Information denied, because "public" consultation discuss national security concerns.

Appeal has been filed

#RegulatoryTransparency #PublicConsultation
https://twitter.com/logic/status/1065906965312880641

#CashlessConsumer #RTI #Opendata on SMS campaign by @RBIsays

India’s open banking revolution is here, but convenience comes at a price https://restofworld.org/2022/newsletter-south-asia-account-aggregators/ via @restofworld

#CashlessConsumer - Early thoughts on privacy aspects of #AccountAggregator - and complete lack of counterparty privacy.

#CashlessConsumer had noted about this geo-coord collection for every txn as a key surveillance concern back in 2017 - https://medium.com/cashlessconsumer/ambigous-specification-doesnt-give-clarity-on-surveillance-e5b31c5abea

#CashlessConsumer followed for 2 years with #RBI to stop this consent-less fetch of bill data by fintechs - the free data leak of all bills continues with #BBPS and that includes school fees.

https://medium.com/cashlessconsumer/following-up-on-consent-less-auto-fetch-privacy-violations-in-bbps-500ecc27fa30

The #Aadhaar dashboard stat archiver data was useful in doing #OSINT analysis for #BFILConsentScam

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RT @logic
Does this give a hint on #BFILConsentScam ? Join #CashlessConsumer #DigitalLendingWatchTower on Feb 12 as we release a citizen's fact finding report on the whistleblower claim. RSVP - https://hasgeek.com/cashlessconsumer/digital-lending-watchtower/
https://twitter.com/logic/status/1488828504712294401

#CashlessConsumer #RTI Data from @RBI Integrated Ombudsman (IOS).

Just me or is it looking too good to be true?

#CashlessConsumer #FASTag #Opendata

🗺️Map of 1031 🚧toll plazas in #India with @FASTag_NETC

Interactive map 👉-https://datawrapper.dwcdn.net/jNDxr/2/

More small victories. @iunesl has now removed "Acceptance of Financial Information for individuals from Regulated Financial Credit Card Providers" from their 2022 price list entirely, hopefully no longer collect such data. #SaveOurPrivacy #CashlessConsumer cc @sarveshmathi

This #AmbedkarJayanti - we need him more than ever, as a key construct of the economy - currency - is going to undergo 'experimentation' with #CBDC this year.

#CashlessConsumer wishes for a digital currency that is fair and just & in line with constitutional values. #JaiBhim

#CashlessConsumer @NPCI_NPCI mandates all #UPI ecosystem participants to enable reversal processing for Online Dispute Resolution #ODR by Sep 30, 2022 failing which they will be barred from onboarding new customers.🥢

The (well meaning) policy of @RBI to redacting respondant info and providing only the response to consultation means - #CashlessConsumer can be interpreted as 'industry' :)

We need to have open public consultations - 'semi-private' consultations are not doing good.

#RTI #CashlessConsumer highlighted multiple structural issues (some beyond RBI and needing a legislative amendment) in #NUELicensing #BlastFromThePast https://docs.google.com/document/u/1/d/e/2PACX-1vSYbrgKj-pQeKAMk1RZ_3ewjTbbXo75VS9K85kzqaRQN6V_OeDOfen1iDZ0S0-eGXJ0XscRfkODERBM/pub
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RT @ShritamaBose
Industry found RBI’s draft NUE framework premature, shows RTI response https://www.financialexpress.com/industry/banking-finance/indus…
https://twitter.com/ShritamaBose/status/1506481867888885762