Fintech player PayU has secured in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator, allowing the company to expand its digital payment services to new merchants across the country.
Results for: PayU
Leading digital financial services provider PayU has announced its receipt of in-principle authorization from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA) in India. This approval will enable PayU to onboard new merchants onto its platform, expanding its reach and contributing to the country’s digital payment ecosystem.