Mswipe Gets Payment Aggregator Licence For Online & Offline Payments

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SUMMARY

Mswipe Technologies has received the final payment aggregator (PA) licence from the Reserve Bank of India (RBI) for both online and physical payment modes

The licence allows the startup to aggregate different payment instruments for merchants, both online and offline

The approval comes more than two years after Mswipe received an in-principle nod from the RBI in August 2022. After the initial approval, the startup said it planned to build an in-house online payment gateway and move towards offering full-stack payment services to…



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Mswipe Gets Payment Aggregator Licence For Online & Offline Payments


SUMMARY

Mswipe Technologies has received the final payment aggregator (PA) licence from the Reserve Bank of India (RBI) for both online and physical payment modes

The licence allows the startup to aggregate different payment instruments for merchants, both online and offline

The approval comes more than two years after Mswipe received an in-principle nod from the RBI in August 2022. After the initial approval, the startup said it planned to build an in-house online payment gateway and move towards offering full-stack payment services to…



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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