Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn't? RBI full list

The Reserve Bank of India (RBI) has recently released the status of the payment aggregators (PAs) operating in the country. 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, RBI said. So, if you frequently use online transactions for payments, you must know if the payment aggregator has been permitted to operate or not.

from Personal Finance News-Wealth-Economic Times https://ift.tt/rBzNoOP