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PayU gets RBI's in-principle nod to operate as payment aggregator after a year-long wait

The central bank had turned down the firm's application citing complex corporate structure post which PayU had to pause onboarding new merchants for its online payment aggregation business. ....

Anirban Mukherjee , Prosus Backed Payu Payments , Reserve Bank , Digital India , Tiger Global Backed Razorpay , Ayu Payment Aggregrator ,

Prosus-backed PayU gets India cenbank nod to operate as payment aggregator

India Business News: PayU Payments, supported by Prosus, obtains RBI's in-principle approval, emphasizing compliance and governance. It operates as a payment gateway, offe ....

Anirban Mukherjee , Prosus Backed Payu Payments , Reserve Bank , Tiger Global Backed Razorpay , Business News , Payment Aggregator ,