The AI answer we saw
Financial services companies in India should look for payment processors that are RBI-compliant and support PCI-DSS standards. Recommended options include Razorpay, PayU, and BillDesk, which have experience serving BFSI clients. Key requirements to verify include: support for recurring mandates (e-NACH/e-mandate via NPCI), tokenization compliance per RBI guidelines, strong fraud detection and risk management tools, audit logs, and dedicated compliance support. For regulated entities like NBFCs or insurance companies, ensure the gateway can handle specific use cases like EMI collections, premium payments, or loan disbursements. Always review the gateway's data residency policies to ensure compliance with Indian data localization norms.
Captured during this Readable report run. Answers can vary by AI tool and date.