Question

What provision must the system provider make regarding

Q: Answer-What provision must the system provider make regarding dispute resolution between system participant...

Section 24. Settlement of disputes 1 The system provider shall make provision in its rules or regulations for creation of panel consisting of not less than three system participants other than the system participants who are parties to the dispute to decide the disputes between system participants in respect of any matter connected with the operation of the payment system.

dispute resolution between system participants, as per the Payment and Settlement Systems Act?

A The system provider must directly intervene and resolve disputes

B The system provider must appoint an external mediator for dispute resolution

C The system provider must establish a panel comprising at least three unrelated system participants

D The system provider must refer all disputes to the regulatory authority for resolution

E The system provider must allow disputes to be resolved solely by the involved system participants

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What provision must the system provider make regarding

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