Tag: payment aggregator
October 8, 2025
Technology, Media and Telecom
Technology, Media and Telecom
An Analysis of the Reserve Bank of India’s Master...
On September 15, 2025, the Reserve Bank of India ("RBI") issued the Master Direction on Regulation of Payment Aggregators, 2025 ("Master Direction"), a framework governing both bank and non-bank entities engaged in the business of payment aggregation ("Payment Aggregators" or "PA")....
May 8, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
RBI Issues Draft Circular for the Regulation of Payment...
In April 2024, the Reserve Bank of India ("RBI") issued the Draft Circular for the Regulation of Payment Aggregators ("Draft Circular"), in keeping with their pivotal role in the ever-evolving financial services industry. The Draft Circular is slated to update the extant Guidelines on Regulation of Payment Aggregators and Payment Gateways, as issued by the RBI on March 31, 2021 ("Guidelines"). ......












