Regulatory · Payments · 2022

PayMate receives RBI in-principle approval for payment aggregator license

PayMate issued Regulatory approval affecting Reserve Bank of India on December 8, 2022.

Primary
PayMate
Counterparty
Reserve Bank of India
Structure
Regulatory approval
Date
December 8, 2022
Sub-sector
Payments

RBI payment aggregator license enables PayMate to legally facilitate merchant payments and expand digital platform capabilities across India.

Primary company
PayMate
Counterparty
Reserve Bank of India
Amount
Event date
December 8, 2022
Sub-sector
Payments
HQ
Structure
Regulatory approval
Source published
December 8, 2022
Publisher
Inc42

Source: inc42.com