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The decision taken by the RBI is related to the payment-aggregator licences which were issued to these companies in 2022.
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The decision taken by the RBI is related to the payment-aggregator licences which were issued to these companies in 2022.
India's Central Bank, the RBI, has denied a payment aggregator (PA) licence to Paytm and asked it to reapply after 120 days
The Delhi High Court on September 15 ruled that Payment Aggregators (PAs) fall under the definition of Payment Systems and can therefore be regulated...
Global expansion of UPI, RTGS, and NEFT, higher debit over credit card usage among 3 year goals in 'Vision 2025' report by Reserve Bank...
Payment aggregators were previously a blind spot, but will now be under the central bank RBI's purview, with 1Pine approved and other major players...
Payment companies will need to comply with the government’s new Information Technology Rules 2021, as they fit the definition of an internet intermediary, legal...
By Asheeta Regidi and Reeju Datta Many Business-to-Business (B2B) service providers today perform a function much like payment aggregators (PAs), of on-boarding merchants into...
The Reserve Bank of India (RBI) has allowed payment companies to maintain more than one escrow account with a scheduled commercial bank. At present,...
by Asheeta Regidi The RBI’s new guidelines on Payment Aggregators (PAs) and Payment Gateways (PGs) are welcome in several ways. Serving as ‘Regulation 2.0’...
