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Paysharp Gets Payment Aggregator Nod From RBI

Summary by Inc42 Media

Chennai-based fintech startup, Paysharp has received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). The company said in a statement that it has secured this final approval last month, after being granted in-principle licence in December 2022. With the RBI’s final authorization, Paysharp can now onboard merchants and process payments as part of India’s official payment system. Paysharp, …

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Paysharp Gets Payment Aggregator Nod From RBI

Chennai-based fintech startup, Paysharp has received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). The company said in a statement that it has secured this final approval last month, after being granted in-principle licence in December 2022. With the RBI’s final authorization, Paysharp can now onboard merchants and process payments as part of India’s official payment system. Paysharp, …

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Inc42 Media broke the news in 6 months ago on Saturday, September 7, 2024.

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