Prepp Explains : What is a Payment Gateway | Why RBI barred mastercard for new customer ?

Prepp Explains : What is a Payment Gateway | Why RBI barred mastercard for new customer ? | Tushant Yadav | #Paymentgateways #UPSC #economy
A payment gateway is what keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses. If you’re an online merchant, you don’t need to be a payment gateway expert, but it’s worth understanding the basics of how an online payment flows from your customer to your bank account
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[@alpanaalpana3152]

Good morning sir
Thankyou so much sir
Making economy easy to understand
It is very very helpful.

[@mohanamuralikrishnajalaneela]

Wah,, perfect explaination,, we need more such videos on daily basis tushant sir

[@pandey413]

I'll watch all videos
Thnkuuu

[@shubhamswaraj4794]

Sir but if RBI has barred them for the data security of new customers, then what about the same for old customers of these gateways?

[@titli8095]

Economics is getting easier when teaching is so awesome!

[@debabratakundu9602]

If Team Prepp - IAS delivers such rich content lectures consistently , Soon "Prepp - IAS" will become the most Subscribed & most viewed TH-cam Channel in UPSC CSE & State PCS Exam Preparation domain. 🙏🙏🙏🙏🙏🙏🙏❤❤❤❤❤❤❤

[@debabratakundu9602]

Excellent explanation.Thank you very much,Respected Tushant Yadav Sir & team Prepp - IAS. Respected Team Prepp - IAS Please, it's my most humble request on behalf of UPSC CSE 2021 Aspirants who are regular viewers of lectures uploaded in Prepp - IAS TH-cam Channel, create a separate Playlist containing all current affairs lectures associated with Economy & Respected Tushant Yadav Sir, please, start a comprehensive lecture series on Union Budget 2021-22 & Economic Survey, 2020-21.🙏🙏🙏🙏🙏🙏❤❤❤❤❤

[@advocategoyal7298]

🙏🙏🙏🙏🙏

[@debabratakundu9602]

Sir, does it mean that that Master Card, Indian Express & Diners club payment gate ways was storing all financial transaction data of their exsisting Indian customers in countries out side India as per their convinence??? & Will these payment Gateways store financial data of their existing indian customers in countries outside india as per their convinence ?? please, give me reply.. 🙏🙏🙏🙏🙏🙏🙏❤❤❤❤❤❤❤

[@HOPETushant]

Yes indeed, they were storing data outside !!

[@debabratakundu9602]

@@HOPETushant thanks a lot for replying, Respected Sir. & Will these payment Gateways store financial data of their existing indian customers in countries outside india as per their convinence or will they change their location of data storing policy from now onwards ?? please, give me reply.. 🙏🙏🙏🙏🙏🙏🙏❤❤❤❤❤❤❤

[@HOPETushant]

@@debabratakundu9602 they have to change the policy otherwise RBI may not lift the ban ..but always remember multiple factors are manipulating one issue !!

[@debabratakundu9602]

@@HOPETushant ok, Sir. Thanks a lot for clarifying my doubt. Respected Sir & team Prepp - IAS , it's my most humble request on behalf of UPSC CSE 2021 Aspirants who are regular viewers of lectures uploaded in Prepp - IAS TH-cam Channel that -- Please, start a comprehensive lecture series on Union Budget 2021-22 & Economic Survey, 2020-21 by Respected Tushant Yadav Sir.🙏🙏🙏🙏🙏🙏❤❤❤❤❤

[@Gamot96]

To new customer kaha par jaayega payment getaway ke liye