RBI PSS

RBI Payment and Settle Systems

  • Identify gaps: Map findings to RBI requirements.
  • Prioritize risks: Focus on high impact issues.
  • Improve readiness: Build clear evidence for regulatory reviews and IS audits.

Who Requires RBI PSS Assessments?

RBI PSS compliance obligations are determined by entity type, license category, and the payment services you operate.

Banks & Regulated Financial Institutions

Banks & Regulated Financial Institutions

Payment Aggregators & Gateways

Payment Aggregators & Gateways

PPI & Wallet Issuers

PPI & Wallet Issuers

UPI Ecosystem Participants

UPI Ecosystem Participants

Fintechs & Digital Payment Providers

Fintechs & Digital Payment Providers

Organizations Preparing for Regulatory or IS Audits

Organizations Preparing for Regulatory or IS Audits

Our RBI PSS Compliance Assessment Approach

A structured, regulation-mapped assessment covering scope, security controls, risk, and regulatory readiness.

Business Understanding

Business Understanding

Review payment operations, transaction flows, entity type, and regulatory context.

Regulatory Mapping

Regulatory Mapping

Map applicable RBI directions, circulars, and control requirements.

Scope Finalization

Scope Finalization

Confirm in-scope systems, applications, integrations, and third parties.

Infrastructure & Security

Infrastructure & Security

Assess networks, endpoints, cloud environments, and supporting controls.

Application & Transaction Security

Application & Transaction Security

Review APIs, transaction flows, encryption, fraud controls, and integrations.

Access Governance

Access Governance

Assess IAM, privileged access, authentication, and third-party access.

Monitoring & Incident Readiness

Monitoring & Incident Readiness

Review logging, SOC visibility, incident response, and reporting readiness.

Reporting & Remediation

Reporting & Remediation

Deliver prioritized findings and regulation-mapped remediation roadmap.

Deliverables You Can Expect

Regulation-specific outputs for your compliance team, internal audit function, and RBI inspection file.

RBI PSS Compliance Assessment Report

RBI PSS Compliance Assessment Report

Structured compliance posture review against applicable RBI payment frameworks

Regulatory Gap Assessment

Regulatory Gap Assessment

Gap analysis against PA Guidelines 2021, PPI Master Directions, and RBI circulars

Executive Compliance Summary

Executive Compliance Summary

Board-level regulatory compliance posture overview for audit committees

Benefits of RBI PSS Compliance Assessments

Improved Regulatory Readiness

Close compliance gaps before RBI inspections surface them

Enhanced Payment Security

Transaction security and fraud control weaknesses identified and prioritized

Reduced Operational & Regulatory Risk

Non-compliance consequences avoided through proactive gap identification

Stronger Governance & Audit Readiness

Board-ready compliance reporting with regulatory reference mapping

IS Audit Preparation

Evidence gaps and control status documented before mandatory IS Audit

Customer & Partner Trust

Independent compliance evidence for enterprise and banking partnerships

Why Payment Organizations Choose QRC

RBI-focused expertise. Payment-sector experience. Actionable, audit-ready outcomes.

RBI Regulatory Expertise

Assessments aligned to applicable RBI directions, circulars, and payment security requirements.

Governance + Technical Depth

Combined review of regulatory governance, security controls, infrastructure, and payment environments.

Integrated Compliance Capability

Experience across RBI PSS, PCI DSS, ISO 27001, DPDP, and related security requirements.

Payment Ecosystem Experience

Experience across banks, payment aggregators, PPI issuers, UPI participants, NBFCs, and fintechs.

Supporting Services

Services that complement your RBI PSS assessment across security testing, IS Audit preparation, and ongoing compliance.

Payment Infrastructure Security Review

Dedicated assessment of payment network architecture and system hardening

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VAPT for Payment Ecosystems

Penetration testing for payment applications, APIs, and transaction interfaces

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RBI Cybersecurity Gap Assessment

Targeted gap assessment against RBI Cyber Security Framework for Banks

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Data Localization Audit

RBI data storage and localization compliance for payment transaction data

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Third-Party Risk Assessment

Vendor governance and outsourced payment operation control evaluation

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Virtual CISO (vCISO)

Strategic leadership to act on compliance findings at a program level

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Case Studies

Real-World RBI PSS Compliance Outcomes

How payment organizations have used QRC to close regulatory gaps and pass IS Audits.

PCI Case Studies

RBI Compliance Resource Center

Practical guides and resources to help payment organizations understand RBI obligations and prepare for IS Audits.

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Blog

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Frequently Asked Questions

RBI PSS Compliance refers to adherence with the Reserve Bank of India's regulatory, cybersecurity, and governance requirements for payment system operators under the PSS Act 2007. It covers payment aggregators, PPI issuers, banks, fintechs, and UPI participants.

Any entity regulated by RBI for payment operations - including banks, payment aggregators, PPI issuers, wallet providers, UPI participants, and NBFCs with digital payment operations. The applicable framework depends on entity type and license category.

IS Audit is mandated for payment system operators under PA Guidelines 2021 and the RBI Cyber Security Framework for Banks. It must be conducted by a CERT-In empanelled or RBI-approved auditor - QRC is CERT-In empanelled.

CSITE is the RBI's structured cybersecurity examination framework used during onsite inspections of banks and large payment system operators. It covers 9 control domains and is conducted by RBI inspectors, not external auditors.

QRC's assessments are designed for the Indian payment regulatory landscape — every finding is mapped to a specific RBI circular provision or framework clause. Deliverables are structured for IS Audit submission and RBI inspection review.

Yes. QRC conducts targeted compliance remediation assessments — reviewing specific RBI findings, validating remediation actions, and producing documentation suitable for response to the RBI.

Ready to Strengthen Your RBI Payment Compliance Posture?

Define your scope, identify priority gaps, and prepare for RBI-aligned assessment.