Open receives RBI final approval for PA/PG licence
Open issued Payment Aggregator/Payment Gateway licence approval affecting Reserve Bank of India on December 20, 2023.
- Primary
- Open
- Counterparty
- Reserve Bank of India
- Structure
- Payment Aggregator/Payment Gateway licence approval
- Date
- December 20, 2023
- Sub-sector
- Payments
RBI final approval enables Open to operate as a payment aggregator, strengthening its SME financial automation platform and regulatory standing.
Source: yourstory.com