RBI’s 2018 directive on storage of payment system data requires system providers to store the entire data relating to payment systems operated by them only in India, with limited exceptions for the foreign leg of transactions. Compliance is verified through audit reports.
We map payment data flows, assess cloud and vendor locations, design compliant architectures and prepare for the system audit report.
Who it is for
- Payment system operators and their service providers
- Banks and fintechs using global cloud or SaaS tools
What you gain
- Confidence that payment data stays in India
- Architecture and vendor choices made early
- Audit-ready data flow evidence
How we get you compliant
Applicability and scoping
Confirm whether and how the law applies to you, entities, data, systems, roles and territories.
Data and process mapping
Build a record of processing or control inventory so obligations can be tied to real systems and owners.
Gap assessment
Measure current practice against each obligation and rank the gaps by legal and business risk.
Remediation roadmap
Policies, notices, contracts, technical controls and governance, sequenced so the highest risks close first.
Evidence and ongoing monitoring
A compliance calendar, metrics and periodic reviews so you can demonstrate compliance to a regulator or customer at any time.