RBI Authorises PayU as Full-Scale Aggregator Across Online, Offline & Cross-Border Channels
PayU has received full authorisation from the Reserve Bank of India to operate as a payment aggregator (PA), marking a significant milestone for the fintech company and India’s fast-expanding digital payments ecosystem. The approval, granted under the Payment and Settlement Systems (PSS) Act, empowers PayU to provide end-to-end payment services across online platforms, offline payment points, and cross-border commerce.
Month: Current Affairs - November 19, 2025
Category: RBI Authorisations and Financial Governance