September 08, 2024 06:42 (IST)
PayU gets RBI's in-principle approval to operate as Payment Aggregator
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.
PayU to acquire online payment gateway provider BillDesk for $4.7 billion
Bengaluru/IBNS: Global consumer internet group Prosus that owns PayU said Tuesday that an agreement had been reached for payments fintech PayU to acquire online payment gateway provider BillDesk for $4.7 billion.
Latest Headlines