ftcash Gets Online Payment Aggregator License From RBI

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SUMMARY

ftcash said that the final nod from the RBI was received on March 4

The Mumbai-based startup received an in-principle approval from the central bank last year

In March 2020, the RBI urged existing online payment aggregators to apply for seeking authorisation under the 2007 payment and settlement act

Microlending fintech startup ftcash has received a final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA), joining the list of companies like Razorpay, Cashfree, Innoviti…



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ftcash Gets Online Payment Aggregator License From RBI


SUMMARY

ftcash said that the final nod from the RBI was received on March 4

The Mumbai-based startup received an in-principle approval from the central bank last year

In March 2020, the RBI urged existing online payment aggregators to apply for seeking authorisation under the 2007 payment and settlement act

Microlending fintech startup ftcash has received a final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA), joining the list of companies like Razorpay, Cashfree, Innoviti…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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