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ARTICLE · 27 NOVEMBER 2018

Compliance To Data Localization Regulation

S.S. Rana & Co.
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The advent of modernization has introduced many technology dependent miracles.

IndiaFinance and Banking
S.S. Rana & Co. Advocates
S.S. Rana & Co. Advocates
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The advent of modernization has introduced many technology dependent miracles. Advancement in the innovative skills of human labour have facilitated the development of a digital infrastructure which caters the multiple needs of the individuals over virtual platform thereby inculcating independent handling by them. Internet is increasingly becoming the medium of carrying out all major present-day activities including information dissemination, communication, commercial transactions, banking functions, etc. This has led to the elevation of the standards of living and has raised the number of e- payments modes.

Online Payments in India

India finds a vast segment of its population now dependent on technology for carrying out number of transactions. The Government has also made efforts for promoting cashless mode of dealings through the digitalization. The payment vis this mode requires the submission of personal and sensitive information of an individual. Considering

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