Payment Settlements Act News Today

Digital financial services provider PayU, on Monday, announced an investment of $5 million in a seed round in cross-border payments platform BRISKPE to simplify global payments for Indian MSME merchants.The investment underscores PayU India's ...

TECH NEWS : PayU approved as a Payments Aggregator by RBI after 15-month wait. Anirban Mukherjee thanks RBI. Approval under Payment Settlements Act, 2007. Focus o

This approval will now allow PayU to onboard new merchants on its platform.

Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA) under the Payment Settlements Act, 2007.This approval ...

NEW DELHI — Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India (RBI)

Razorpay was last valued at over $7 billion. Razorpay clocked annualised total payment volume (TPV) of around $150 million as of February 2023.

Online payment processing companies RazorPay and Cashfree have received permission from the Reserve Bank of India to operate as payment aggregators after a yearlong embargo on admitting new merchants. Paytm and PayU are still awaiting their licenses. | Latest News India

Digital payment startups Razorpay and Cashfree on Tuesday announced that they received final authorisation from the Reserve Bank of India (RBI) to operate as payments aggregators (PA).

Razorpay and Cashfree Payments get payment aggregator clearance from RBI - Fintech firms Razorpay and Cashfree Payments have obtained payment aggregator licenses from the Reserve Bank of India (RBI). In a significant...

A spokesperson for Razorpay said the firm has received the final authorisation from the Reserve Bank of India to operate as payment aggregator under the Payment Settlements Act