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OFFLINE PAYMENT AGGREGATOR
Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...- Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
- MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator licenseOne MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, streng...
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
- Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup SchoolRazorpay CEO Harshil Mathur highlighted the advantages of operating in regulated spaces, noting the company's explosive growth in India's p...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Pine Labs’ Navin Chandani steps down as president, CBO of issuing businessThe resignation is effective April 6, 2026, and no successor has yet been named. In his resignation letter, Chandani said he is leaving to ...
- RBI fines Pine Labs Rs 3.1 lakh for KYC lapses on prepaid payment instrumentsThe move follows a statutory inspection of the fintech’s operations conducted between July 2024 and May 2025. The RBI clarified that the ac...
- Razorpay POS gets RBI nod for offline payment aggregator licenceWith this authorisation, Razorpay now holds all three key RBI licences-online payment aggregator, cross-border payment aggregator (secured ...
- Paytm Payments Services receives RBI authorisation for offline and cross-border paymentsThis enables PPSL to offer end-to-end payment aggregation services across all key segments -- online, offline, and cross-border. With this,...
- RBI plans to implement uniform licensing for online and offline payment aggregatorsThe Reserve Bank of India will streamline its licensing process for payment aggregators by merging requirements for online and offline enti...
- Innoviti Payments, Concerto Software get RBI payment aggregator licencesInnoviti, Vegaah, and Concerto Software secured RBI's online payment aggregator license. CCAvenue from Infibeam Avenues also received the l...
- Mswipe raises $20 million in ongoing funding round led by Alpha WaveMswipe said it will use the proceeds from the ongoing fundraise to increase its merchant payment network, to strengthen its product and tec...
- RBI grants payment aggregator licence to Mswipe TechnologiesUpon securing preliminary approval in 2022, Mswipe set its sights on piloting its internally developed payment gateway stack with its estab...
- RBI planning strict rules for firms offering payments via PoS machinesThis will bring companies like Pine Labs, MSwipe, Innoviti Payments, and Ezetap that are deploying point-of-sales terminals, mobile payment...
- Offline payments aggregators can’t store your debit, credit card details nowThe RBI Governor today announced that offline payment aggregators would now be brought under same guidelines with the online payment aggreg...
- Fintech unicorn Razorpay acquires Ezetap in a cash-and-equity dealSources told ET that Razorpay has paid $150 million for the deal, of which $100 million will be cash payouts to Ezetap’s shareholders.
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