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India s Central Bank Grants In-Principle License to 50 Payment Aggregators: Key Details - India Briefing News RBI Grants In-Principle Approval to 50 Payment Aggregators

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.

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32 Payment Aggregators Get RBI Nod, PhonePe Under Consideration, Paytm Application Returned

The Reserve Bank of India (RBI) on Wednesday gave an in-principle nod to the payment arms of US technology majors Amazon and Google and 30 others including Reliance Jio Infocomm s Reliance Payment Solutions to operate as online payment aggregators. aaa

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Amazon Pay, Zomato and 30 others get RBI nod to act as online payment aggregators, check full list

Applications of 18 existing payment aggregators, including Bhartipay and PhonePe, are under process, the RBI said.

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