48. Other electronic modes of payment.–

 

For the purposes of Schedule VIII [Table: Sl.No. 1. D(d)], section 66(32), section 146(5)(a)(ii)(B), sections 185, 186 and 188, the other electronic modes of payment shall be the following:—

 

(a) Credit card;

 

(b) Debit card;

 

(c) Net banking;

 

(d) IMPS (Immediate Payment Service);

 

(e) UPI (Unified Payment Interface);

 

(f) RTGS (Real Time Gross Settlement);

 

(g) NEFT (National Electronic Funds Transfer);

 

(h) BHIM (Bharat Interface for Money) Aadhaar Pay; and

 

(i) Tier-III: Full KYC Central Bank Digital Currency wallets, P-CBDC, Wholesale/Cross-border CBDC.