Beyond Checklists: Merchant Onboarding under RBI PA Master Direction

​Merchant onboarding goes beyond checklists. It's about building a holistic risk view of merchants as it is the first line of defense.

​As part of our webinar series on the RBI’s Master Direction for PAs, this second session focusses on how PAs should operationalize the mandate and what banks must strengthen from an oversight perspective. With the regulatory timelines already in motion, the priority is to build onboarding systems that are scalable, well-governed and regulator-ready.

​Join Jocata’s webinar with Dr Srinivas Yanamandra and Mr. Akshay Chopra for a discussion on how these merchant onboarding expectations translate into practical, technology driven implementation.

​Session will cover:

​✅ Why merchant onboarding requires a KYM-driven, risk-based approach distinct from traditional KYC
✅ How Due Diligence, Merchant Risk Categorization, and Screening strengthen onboarding decisions
✅ What PAs and banks must prioritize as they prepare for large-scale remediation

​We look forward to your participation in the session.