What changed
RBI issued a circular on December 20, 2012, advising all payment system operators authorized under the PSS Act, 2007, to migrate from IPv4 to IPv6. The migration is in line with the government's Broadband on Demand goal and IPv4 address exhaustion. Operators must form a special team and update RBI on progress by March 30, 2013.
What it means for you
Banks and payment operators should prioritize IPv6 migration to avoid service disruptions as IPv4 addresses run out. This aligns with the National Telecom Policy 2012 and government directives. Non-compliance could impact digital payment services and customer access. Early action ensures seamless broadband integration and future-proofing.
What you must do
- Form a special team to lead IPv6 migration for all payment systems and websites.
- Complete migration at the earliest and report progress to RBI by March 30, 2013.
- Contact Shri R M Agarwal, DDG (NT), DoT at 9868133440 for clarification or assistance.
- Acknowledge receipt of this circular to RBI.
Who it affects
All payment system operators authorized under PSS Act, 2007
Why is IPv6 migration necessary for payment systems?
IPv4 addresses are nearly exhausted, and the government's Broadband on Demand plan by 2015 relies on IPv6. Migration ensures uninterrupted digital payment services and supports future broadband growth.
What is the deadline for reporting progress?
RBI requires all payment system operators to report migration progress by March 30, 2013. The migration itself should be completed at the earliest.
Who can I contact for technical help on IPv6?
Shri R M Agarwal, DDG (NT), Department of Telecommunications, is heading the support team. His mobile number is 9868133440.