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RBI allows digital payment firms Razorpay and Cashfree Payments to function as payment aggregators

RBI allows digital payment firms Razorpay and Cashfree Payments to function as payment aggregators

Dec 20, 2023, at 04:56 am

Mumbai: Digital payment firms Razorpay and Cashfree Payments have obtained the final approval from the Reserve Bank of India (RBI) to function as payment aggregators, allowing them to onboard new merchants following a nearly one-year regulatory ban, media reports said.