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Zomato Payments gets RBI s nod to operate as online payment aggregator

In an exchange filing, the food delivery platform said the central bank has allowed to carry out the business as payment aggregator and issuer of pre-paid payment instruments with effect from January 24, 2024.

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Zomato gets RBI s approval to operate as online payment aggregator | Business News

With this approval, the Deepinder Goyal-led platform has now joined the likes of Tata Pay, Razorpay and Cashfree in getting the much-awaited approval from India's central bank.

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Zomato Payments gets RBI authorisation to operate as online payment aggregator

Online food delivery firm Zomato, on Thursday, said its subsidiary Zomato Payments

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Zomato gets RBI approval to operate as digital payments app: What it means for users

Zomato has received authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator through its subsidiary Zomato Paymen

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Zomato gets RBI s approval to operate as online payment aggregator

Notably, the food delivery platform incorporated ZPPL in August 2021 with an initial subscription of 10,000 equity shares of Rs 10 each, aggregating to Rs 1,00,000.

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