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PAYMENT AGGREGATOR GUIDELINES
RBI may soon make you wait an hour before your UPI transfers goes throughThe Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...
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...
RBI slaps Rs 3.1 lakh penalty on Cashfree for non-complianceThe Reserve Bank of India has taken a firm stance against Cashfree Payments India Private Ltd. by imposing a Rs 3.1 lakh penalty. This deci...
RBI issues detailed guidelines for Payment Aggregators, Gateways to boost digital payment ecosystemThe RBI has issued detailed guidelines for Payment Aggregators (PAs) and recommended standards for Payment Gateways (PGs) to strengthen dig...
RBI tightens norms for payment aggregatorsThe Reserve Bank of India has released revised guidelines for payment aggregators to bolster consumer protection and combat fraud. These gu...
RBI issues guidelines regulating payment aggregatorsAs per the Reserve Bank of India (Regulation of Payment Aggregators) Directions, 2025, payments aggregators are categorised into three cate...
Paytm Payments Services gets 'in-principle' nod from RBI to operate as online payment aggregatorPaytm Payments Services received in-principle approval from the RBI to operate as an Online Payment Aggregator, subject to compliance with ...
PM-Surya Ghar: Govt approves two alternative payment methods for rooftop solar installationThe Ministry of New & Renewable Energy in New Delhi has introduced new guidelines allowing two additional payment methods for installing ro...
RBI, payment industry meet discusses contours of new draft PA guidelinesThe digital payments industry representatives met with senior officials of the Reserve Bank of India to share their feedback on the recentl...
RBI moves to regulate PoS payment players like Pine Labs, Innoviti, MSwipeCompanies like Innoviti Payments, Pine Labs and MSwipe will be brought under regulatory cover now. The regulator said companies providing t...
Cross-border norms bring ePay companies directly under RBI watchWith regulatory clarity comes an opportunity to attract more venture money to tap into the burgeoning export-import market of a growing eco...
RBI cleans online payment pipesThe banking regulator has separately clarified that payment regulators will need to meet digital lending guidelines if they wish to offer c...
Payment aggregators acting as loan service providers cannot handle funds between the lender and the borrower“The principle underlying the Digital Lending Guidelines is that a LSP should not be involved in handling of funds flowing from the lender ...
Payment aggregators to approach RBI seeking reliefThe aggregators and their lobby group Fintech Association for Consumer Empowerment (FACE) are seeking a relaxation of these norms, which je...
No ATM PIN for online transactions and other measures to make digital payments safeThe guidelines state that payment aggregators, such as Razorpay, CC Avenue etc., will now have to stop giving the option of using ATM PIN t...
Paytm, Razorpay others to face stricter norms, sector lividThe central bank has also demanded mandatory compliance on technology and cyber-security requirements at par with standards for regulated f...
RBI to regulate payment gateway providers: Digital payments likely to get saferThese gateways can be expected to become more transparent and accountable in their working thereby benefitting common people using them for...