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8/25/22 at 2:19am
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Per the RBI norms, financial services companies like Visa, Mastercard, American Express and Diners Club have been required to store Indian payment data locally since October 2018.
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https://www.ndtv.com/business/american-express-welcomes-rbi-move-to-lift-restrictions-says-india-key-strategic-market-3284072
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