The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These ...

The move follows the Reserve Bank of India’s (RBI) updated rules for Payment Aggregators (PAs) which bar them from handling ...

The approval enables PhonePe to extend its services, with a strategic focus on small and medium-sized enterprises throughout ...

The Reserve Bank of India (RBI) has issued fresh directions under its Regulation of Payment Aggregators Directions, 2025, which come into effect immediately. These new rules classify payment ...

The gaming industry was a great opportunity for PA firms to monetise UPI payments, with the winnings payout yielding them a flat Re 1 per transaction, around 10 times higher margins than regular payme ...

The company believes the nod positions it to serve a broader spectrum of enterprises seeking reliable and secure payment ...

PhonePe has gained the Reserve Bank of India's final authorization to operate as an online payment aggregator, aiming to ...

The aggregator license is part of the RBI’s regulatory framework aimed at tightening oversight of digital payment ...

More than 20 companies including the likes of Groww, PayU, Amazon Pay and mSwipe have received the payment aggregator green light from the RBI in 2024 alone The PA rush is particularly curious because ...

PhonePe announced it has received final authorisation from the Reserve Bank of India to operate as a payment aggregator, a ...

PhonePe secures final RBI authorisation to function as an online payment aggregator, enabling it to expand services to SMEs and boost digital inclusion.

PhonePe receives final RBI approval to operate as an online payment aggregator, allowing it to expand secure payment solutions for millions of merchants and accelerate digital financial inclusion in ...