The regulatory approval enables PayPal to facilitate secure cross-border payments for Indian businesses across approximately 200 global markets.

EximPe secures RBI's in-principle approval for PA-CB licence, aims for 10x growth in FY26 in cross-border payments for ...

According to the company, the RBI’s in-principle approval enables PayPal to continue providing cross-border payment services within a regulated environment, ensuring greater transparency ...

Japan's Sumitomo Mitsui Financial Group is mulling a $1.1 billion investment in India's Yes Bank , Bloomberg News reported on ...

Describing the approval as a significant development, the company said it strengthens PayPal's presence in India and enhances its ability to support small businesses in facilitating secure cross ...

Zomato has received authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator through its subsidiary Zomato Payments Private Limited (ZPPL). This allows users ...

The RBI wants non-banks providing physical point of sale services to notify the regulator of their intention to seek approval within 60 days.

BharatPe announced the upcoming launch of its online PA platform -- 'BharatPe X'. This platform will enable companies to process ecommerce transactions in compliance with RBI regulations.

This preliminary approval is the result of a two-year journey since Mobikwik first submitted its application to the RBI. In 2021, Mobikwik initially applied for a payment aggregator (PA) license for ...

Earlier this year, the Reserve Bank of India (RBI) directed Paytm to halt several of its financial services due to repeated regulatory violations. Following the ban, Paytm requested approval from ...

New Delhi: PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment ...