32 Payment Aggregators Get RBI Nod, PhonePe Under Consideration, Paytm Application Returned
New Delhi: 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.
WHAT ARE PAYMENT AGGREGATORS?
Online payment aggregators are those entities that on-board digital merchants , and receive payment from the customers on their behalf after getting licence from the payment regulator. The RBI on 17 March 2020 and 31 March 2021 had issued circulars on “Guidelines on Regulation of Payment Aggregators and Payment Gateways”.
WHO ALL RECEIVED IN-PRINCIPLE AUTHORISATION?
Pay Mobileware Private Limited
Airpay Payment Services Private Limited
Amazon (Pay) India Private Limited
Cashfree Payments India Private Limited
Computer Age Management Services Limited
Digiotech Solutions Private Limited
Easebuzz Private Limited
Finlogic Technologies India Private Limited
Futuretek Commerce Private Limited
Google India Digital Services Private Limited
IndiaIdeas.com Limited
Infibeam Avenues Limited
Innoviti Payment Solutions Private Limited,
In-Solutions Global Limited
Lyra Network Private Limited
Mpurse Services Private Limited
NSDL Database Management Limited
NTT DATA Payment Services India Limited
Open Financial Technologies Private Limited
Paymate India Private Limited
Paysharp Private Limited
Phi Commerce Private Limited
Pine Labs Private Limited
Razorpay Software Private Limited
Reliance Payment Solutions Limited
SRS Live Technologies Private Limited
Stripe India Private Limited
Tyche Payment Solutions Private Limited
Vay Network Services Private Limited
Worldline ePayments India Private Limited
Xsilica Software Solutions Private Limited
Zomato Payments Private Limited.
THE APPLICATIONS OF THESE PAYMENT AGGREGATORS ARE UNDER PROCESS
Adyen India Technology Services Private Limited
Appnit Technologies Private Limited
Bhartipay Services Private Limited
Dinero Payment Services Private Limited
Dreamplug Paytech Solutions Private Limited
Global Payments Asia-Pacific (India) Private Limited
Hiveloop Internet Private Limited
INSOnline India Private Limited
Instamojo Technologies Private Limited
Letzpay Solution Private Limited
LivQuik Technology (India) Private Limited
Marg Fintech Private Limited
Nomisma Mobile Solutions Private Limited
Paygate India Private Limited
PhonePe Private Limited
Senrysa Technologies Private Limited
Unimoni Enterprise Solutions Private Limited
Zaak Epayment Services Private Limited
THE APPLICATIONS OF THESE PAYMENT AGGREGATORS WERE RETURNED
Freecharge Payment Technologies Private Limited
PayTM Payments Services Limited
PayU Payments Private Limited
Tapits Technologies Private Limited
“All stakeholders are advised to transact with only those existing PAs (a) who have been granted in-principle authorisation or (b) whose application is currently under process,” said the RBI in a statement. This list will be updated on a fortnightly basis, the statement added.
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