September 16, 2025 12:44 PM
RBI issues guidelines for payment aggregators, gateways to boost digital payment ecosystem
The Reserve Bank of India (RBI) on Tuesday issued detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs) in a bid to enhance safety, transparency, and resilience in the country’s fast-growing digital payments ecosystem. In its notification titled “Guidelines on Regulation of Payment Aggregators and Payment Gateways,” the central bank clarified that PAs, being entities that handle funds, will be directly regulat...