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Explainer: What is behind the race for payment aggregator licences?

Increasingly payments have also become an integral part of the consumer journey and satisfaction with a brand. Having control over the payment experience, from user interface to speed of processing and issuing refunds, makes it much easier to manage with an in-house team.

Payment aggregators attempt to reach middle ground with RBI on KYC verification mandate

Biz, trade caught between cyber cops & banks

Restaurants, retailers, small traders, companies face frozen funds due to cybercrimes. Urging action from finance ministry, LEAs, police. I4C initiative tackles cybercrimes. Banks, LEAs face frozen funds challenges.

Groww secures online payment aggregator licence from RBI

The license will allow the financial services firm to facilitate ecommerce transactions through its platform via its UPI app Groww Pay.

PayU gets in-principle approval from RBI to operate as payments app: Here s what it means for users

TECH NEWS : PayU approved as a Payments Aggregator by RBI after 15-month wait. Anirban Mukherjee thanks RBI. Approval under Payment Settlements Act, 2007. Focus o

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