The companies operate on a registered subscription-based model and strictly transact in rupees with credit or debit cards.

RBI has paid over Rs 50,000 crore every year with the exception of demonetisation year, when its income fell and expenditures rose because of printing of notes etc.

Amit Midha, President APJ Commercial and EVP, Global Digital Cities at Dell EMC, says the company is committed to supporting the regulations of every country.