December 11, 2024 23:37 (IST)
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PayU gets RBI's in-principle approval to operate as Payment Aggregator

PayU gets RBI's in-principle approval to operate as Payment Aggregator

Apr 24, 2024, at 03:40 am

Mumbai: After a wait of nearly 15 months, the Reserve Bank of India (RBI) has granted initial approval to PayU, a fintech firm backed by Prosus, to operate as a Payment Aggregator (PA) and resume the process of onboarding new merchants.

Cred gets RBI's in-principle approval to operate as payment aggregator

Cred gets RBI's in-principle approval to operate as payment aggregator

Apr 20, 2024, at 06:25 am

Mumbai: Bengaluru headquartered firm Cred, a top third-party app for credit card bill settlements in India, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment app, said media reports.

Tata Payments gets payment aggregator licence from RBI

Tata Payments gets payment aggregator licence from RBI

Jan 03, 2024, at 04:50 am

Mumbai: The Reserve Bank of India (RBI) has awarded payment aggregator (PA) licence to Tata Payments, media reported.

Hitachi Payment Services receives RBI’s in-principle approval for payment aggregator licence

Hitachi Payment Services receives RBI’s in-principle approval for payment aggregator licence

Jan 11, 2023, at 01:00 am

Mumbai/IBNS: The Reserve Bank of India (RBI) has granted in-principle approval to payment solutions provider Hitachi Payment Services to operate as a payment aggregator, the company said Tuesday.

RazorPay, Pine Labs among others to get RBI's nod for payment aggregator licence: Report

RazorPay, Pine Labs among others to get RBI's nod for payment aggregator licence: Report

Jul 08, 2022, at 05:14 pm

Mumbai: The Reserve Bank of India (RBI) has given in-principle nod to RazorPay and Pine Labs among other payment gateways and fintech companies who had applied for payment aggregator licence.