The Finance Ministry has allowed 22 financial companies, including Amazon Pay (India) and Hero FinCorp, to undertake Aadhaar-based authentication of clients.
RBI recently granted license to over 50 payment aggregators to act as online payment aggregators. We provide a list of all the entities whose applications have been approved, are in process, or have been returned.
The Reserve Bank of India (RBI) on Wednesday said it has granted in-principle approval to 32 existing payment aggregators, allowing them to continue their operations.