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The Reserve Bank of India (RBI) has allowed Paytm Payment Services Ltd (PPSL) an extension to resubmit its application for a payment aggregator (PA) licence, said One97 Communications, the parent firm of PPSL, in a regulatory filing on 26 March 2023. -- aaa
RBI recently granted license to over 50 payment aggregators to act as online payment aggregators. We provide a list of all the entities whose applications have been approved, are in process, or have been returned.
The Reserve Bank of India (RBI) on Wednesday gave an in-principle nod to the payment arms of US technology majors Amazon and Google and 30 others including Reliance Jio Infocomm's Reliance Payment Solutions to operate as online payment aggregators. -- aaa