Coming soon: Tap-and-go contactless payment after RBI's green signal. (economictimes.indiatimes.com)

The Reserve Bank of India has given the green signal to payment networks — Visa, Mastercard and NPCI — to allow tap-and-go functionality on card payments for all purchases below Rs. 2000.

“It should be a matter of three months if all goes well.” -an official told ET.

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