After a year of waiting, RBI grants at least six payment aggregator licences
After over a year of waiting, the Reserve Bank of India (RBI) granted its final approval for at least six payment aggregator licences, thus lifting the ban on entities such as RazorPay and Cashfree Payments for acquiring new merchants.
The final nod for the payment aggregator licence has come for Razorpay, Cashfree Payments, Open Financial, EnKash, Google Pay, payment india