India's central bank is proposing to introduce a delay for certain digital payments above a specific threshold as a measure to curb rising fraud. The Reserve Bank of India has outlined four potential safeguards in a discussion paper seeking stakeholder feedback.
These measures include a lag for authorized push-payment transactions exceeding 10,000 Indian rupees ($108). Other possibilities involve additional authentication for high-value transfers by vulnerable users, limits on credits to bank accounts without enhanced checks, and customer-controlled safeguards like disabling digital payment channels.