Tag: payment aggregator
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"). ......