Allahabad High Court Issues Notice on Plea Seeking ‘Accept/Decline’ Option for Incoming Digital Payments
The Allahabad High Court issued notice to the Reserve Bank of India and National Payments Corporation of India regarding a plea for an accept-or-decline option for incoming digital payments. The petition argues that recipients should control transactions before funds are credited, linking this to customer protection and financial autonomy. A decision is expected as the case progresses.