Razorpay and Cashfree receive RBI payment aggregator licences
Razorpay issued Regulatory approval / licence grant affecting Reserve Bank of India on December 25, 2023.
- Primary
- Razorpay
- Counterparty
- Reserve Bank of India
- Structure
- Regulatory approval / licence grant
- Date
- December 25, 2023
- Sub-sector
- Payments
RBI lifts yearlong merchant onboarding ban for Razorpay and Cashfree, restoring growth capability after regulatory embargo.
Source: economictimes.indiatimes.com