Why is Payment Aggregator license significant?

The Reserve Bank of India has returned Payment Aggregator applications of Paytm, Freecharge, and PayU. Meanwhile, it gave In-Principle Authorisation to 32 existing PAs that include Amazon and Google. Hamsini Karthik delves deep into the topic and explains the difference between Payment Aggregators and Payment Gateways, the significance of a Payment Aggregator license and why Paytm’s application was rejected. Listen in. Read the full story If you cannot view this message, please [click here]( Follow us [Telegram_logo]( [The Hindu Business Line]( 18 FEBRUARY 2023 [Podcast]( [Why is Payment Aggregator license significant?]( The Reserve Bank of India has returned Payment Aggregator applications of Paytm, Freecharge, and PayU. Meanwhile, it gave In-Principle Authorisation to 32 existing PAs that include Amazon and Google. Hamsini Karthik delves deep into the topic and explains the difference between Payment Aggregators and Payment Gateways, the significance of a Payment Aggregator license and why Paytm’s application was rejected. Listen in. Read the full story [What this means. The four entities, including Tapits Technologies, can continue business subject to the condition that no new merchants should be on-boarded until advised otherwise DANISH SIDDIQUI] [Read more »]( [Companies]( [Adani case: SC chooses transparency over govt’s ‘suggestions’ on committee]( The court said accepting the government’s suggestions in a hush-hush manner would prove detrimental to the credibility of the committee and its future work in the eyes of the nation. [Read more »]( [Companies]( [HUL sells atta and salt businesses for ₹60.4 crore]( Reactivate Brands International is the buyer; sale in line with the stated intent of exiting non-core categories [Read more »]( [Companies]( [Minda Corp’s share purchase in Pricol sparks hostile takeover buzz]( Pricol has strong expertise in areas where Minda plans to grow [Read more »]( [Markets]( [F&O losses: Educate retail investors on risk-reward ratio]( Too many restrictions may drive some to more risky or unregulated securities [Read more »]( [Economy]( [Start-up industry seeks exemption of certain investor classes from angel tax amendment]( The proposed changes will make it difficult for start-ups to raise capital [Read more »]( [Economy]( [Mining of oceans to unlock opportunities for Indian industry: Vivek Bharadwaj, Mines Secretary]( Offshore Areas Minerals (Development and Regulation) Act to be amended to give domestic exploration a boost [Read more »]( You are receiving this mail because you are a user of [thehindubusinessline.com]( have commented on an article. If you do not wish to receive any such mailers, [click here.]( To ensure that you continue to receive your emails from The Hindu in your inbox, please add newsletter.bl@newsalert.thehindu.com to your Address Book or Safe List. If you can't see the mailer, please [click here.]( Group Sites [Business Line]( | [BL on Campus]( | [இந்து தமிழ் திசை]( | [The Hindu]( | [Sportstarlive]( | [Frontline]( | [The Hindu Centre]( [Images]( | [roofandfloor]( | [Classifieds]( [About Us]( | [Contact Us]( | [Subscription](