Framework for Geo-tagging of Payment System Touch Points

The Reserve Bank of India (RBI) on March 25, 2022 has issued a notification to provide the Framework for Geo-tagging of Payment System Touch Points to facilitate nuanced spread of acceptance infrastructure and inclusive access to digital payments. Use of geo-tagging to capture the locational data of acceptance infrastructure would be subject to the following guidelines:

1. Banks / Non-bank PSOs shall capture and maintain geographical coordinates for all payment touch points.
2. Geo-tagging information in respect of the following shall be submitted to the Reserve Bank:  PoS terminals (Mobile PoS, Soft PoS, Tablet PoS, Desktop PoS, Self-service Kiosk PoS, Android-based PoS terminals, Non-Android-based PoS terminals with GPRS SIM Card-embedded, Non-Android-based PoS terminals with PSTN Line Connectivity, etc.); and Paper-based / Soft QR Codes (Bharat QR, UPI QR, etc.).