payment aggregators

<!-- -->PAs are entities that facilitate e-commerce sites to accept payment instruments from customers. (File)Mumbai: The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital…

MUMBAI: The RBI has returned the applications from four existing payment aggregators - Freecharge, Paytm Payments Services, PayUand Tapits Technologies - but has allowed them to reapply within 120 days. These four entities can continue…

The Reserve Bank of India in a set of FAQs on digital lending guidelines has clarified that payment aggregators acting as loan service providers (LSP) cannot handle funds between the lender and the borrower. ET had earlier reported that…

MUMBAI: Offline payment aggregators(PAs) who aid in face-to-face transactions at merchant outlets will now come under the regulatory purview of RBI, governor Shaktikanta Das announced on Friday. "Keeping in view the similar nature of…

Payment aggregators which are already on the tenterhooks with the Reserve Bank of India’s diktat on lending rules are set to lobby the central bank to ease the guidelines, which eliminate the need for intermediaries. This and a lot more…

Bengaluru | Mumbai: Online payment firms including Cashfree and MobiKwik have come under the scanner of the Reserve Bank of India (RBI), multiple people aware of the development said. These fintech players face a possible rejection of their…

Bengaluru | Mumbai: Online payment firms including Cashfree and MobiKwik have come under the scanner of the Reserve Bank of India (RBI), multiple people aware of the development said. These fintech players face a possible rejection of their…

What is all the fuss about tokenization? India’s central bank wants to ensure that consumers are protected from fraud. It therefore came up with the concept of ‘tokenization’—a process of…

The Reserve Bank of India (RBI) is set in its ways about its revised guidelines on the data storage policy. The RBI has rejected the proposal made by payment gateway companies with regard to the new regulation that might kick in from…

Image Source : PIXABAY RBI wants you to memorise all your debit, credit card numbers, expiry…