Even though Razorpay and Cashfree were operating as payment aggregators for some time, RBI's regulatory regime for payment aggregators introduced in 2020 required them...
The new rules apply to entities that facilitate cross-border payment transactions for import and export of permissible goods and services in India via online...
The Delhi High Court on September 15 ruled that Payment Aggregators (PAs) fall under the definition of Payment Systems and can therefore be regulated...