In-Solutions Global, a fintech company backed by JP Morgan, has received full authorisation as a Payment Aggregator under the Reserve Bank of India’s regulatory framework. The RBI approval enables ISG to enhance digital payment solutions for merchants across various industries, ensuring fast, secure, and efficient transactions. It strengthens our position as a trusted partner, enabling us to power enterprises and …
When hiring an autorickshaw through an aggregator app in Bengaluru, you might come across an auto with two number plates: a standard yellow number plate and a white laminated printout hanging in front. This indicates that the auto driver is using multiple vehicle registration numbers to access various aggregator apps. In the city many passengers have been complaining that they …
PolicyBazaar’s promoter PB Fintech on Wednesday said its board has approved the incorporation of a wholly-owned subsidiary for payment aggregator business. The new subsidiary called PB Pay Private Limited would “carry on the business of payment aggregator – domestic and / or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with …
Bengaluru Transport Minister Ramalinga Reddy on Monday announced that the State Transport Department will develop a taxi and auto booking app similar to private cab aggregators like Ola and Uber. “We have decided to develop an app similar to private cab aggregators since auto and cab drivers have been facing many issues. Especially, the commission paid to the cab aggregators …
Indian financial technology company Paytm Payments Services Ltd has received an extension from the country's banking regulator to apply for a payment aggregator licence and aims to reapply in about 15 days, the company said on Sunday. Read here: UPI payments of up to ₹200 can now be done without pin — Paytm makes it possible with UPI LITE Paytm …