A closed-door roundtable hosted by an industry association brought together compliance leads from twelve licensed payment firms on 21 August. The agenda covered cross-border sandbox extensions and plain-language fee disclosures for mobile wallets.
Attendees said regulators reiterated that marketing materials must distinguish pilot features from fully licensed services. Firms will trial bilingual summary boxes on checkout screens before a November review.
Consumer impact
Retail users should watch for in-app banners explaining when a transfer route is experimental. Refund timelines during pilots may stretch to five business days rather than three.