Technical & IT Infrastructure Requirements for EPSPs
Electronic payment operations depend on secure, resilient, and scalable IT infrastructures. The CBI requires EPSPs to demonstrate that their systems meet minimum standards for uptime, cybersecurity, interoperability, disaster recovery, and integration with banking and clearing systems. Weaknesses in IT infrastructure can result in regulatory delays or denial of licensing.
Core IT & Infrastructure Requirements
- Reliable payment processing platforms
- Secure API connectivity and integration
- Real-time monitoring and transaction logging
- Data backup and redundancy systems
- Disaster recovery and business continuity plans
Cybersecurity Controls
- Security testing and penetration assessments
- Encryption of sensitive data
- Access control and user authentication mechanisms
CBI compliance
- Submit technical architecture documentation
- Undergo IT audits and inspections
- Maintain minimum uptime and performance standards
- Support interoperability with bank settlement systems
- Demonstrate contingency and recovery capabilities
How Etihad Can Assist
Etihad provides legal and regulatory advisory services to banks, financial institutions, and businesses, supporting compliance with applicable laws, regulations, and regulatory guidance issued by any competent authorities.