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PAYMENT AGGREGATOR LICENSE
Dead insect in biriyani: Restaurant ordered to pay Rs 10,000 compensation and serve diner 2 fresh biriyani plates every Sunday for next 5 weeksA man in Puducherry received Rs 10,000 in compensation and Rs 3,000 for legal expenses after finding a dead insect in his biriyani. The con...- 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...
- Cashfree Payments revenue hits Rs 1,000 crore in FY26; company eyes operational profit in FY27Fintech firm Cashfree Payments announced a revenue of Rs 1,000 crore for FY26. The company anticipates operational profit in the current fi...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
- From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
- 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 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,...
- PhonePe gets RBI nod to operate as online payment aggregatorThis will allow the Walmart-owned company to expand its presence among online merchants, especially small and medium enterprises (SMEs), it...
- Quicktouch gets RBI’s in-principle approval for payment aggregator licenseQuickPay, the fintech platform of Quicktouch Technologies, has received in-principle approval from the Reserve Bank of India (RBI) for a Pa...
- Paytm shares rally 5% on getting govt nod for downstream investment in payments armPaytm Share Price: Paytm shares saw a 5% increase after approval from the finance ministry for investment in its payment services business....
- Paytm gets govt nod for downstream investment into payment services armPaytm got approval from the finance ministry to invest in its payment services business, the fintech firm said on Wednesday. With the appro...
- 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...
- RBI grants Payment Aggregator license to SabPaisaSabPaisa, a payment solutions provider, has received final approval from RBI to function as a Payment Aggregator under the Payments and Set...
- RBI to Paytm: Reapply for payment aggregator licence within 120 daysThe central bank has also directed the payment firm not to onboard new online merchant
- Cashfree receives RBI nod for payment aggregator licenseAt least 185 fintech firms — including big names like Cred, Razorpay and PhonePe — had submitted proposals seeking the license, ET has repo...
- RBI gives fresh ray of hope to payment aggregator license aspirants“Keeping in view the disruption caused by the COVID-19 pandemic, and to ensure smooth functioning of the payments ecosystem, it has since b...
- Fintech Startup 1Pay gets in-principal RBI nod for aggregator payment licenseFounded in 2019, 1Pay is a payment aggregator along with being a Logi-Fintech space by bringing transportation, logistics and banking indus...
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