In a notable move, the Reserve Bank of India (RBI) has instructed fintech companies, including payment processors, to track high-value transactions during the upcoming Lok Sabha elections. This marks the first instance of such a directive to fintech firms, attributed to their lack of regulation during past election seasons. Previously, the RBI typically directed banks to monitor suspicious transactions during elections. The recent communication aligns with Election Commission of India (ECI) guidelines and aims to enhance security around significant transactions to prevent their misuse for election-related purposes.