Pine Labs secures all three payment licences from RBI

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Fintech major Pine Labs has received all three payment licences from the Reserve Bank of India (RBI), allowing the company to operate across the full spectrum of digital payment services in India.

According to an ET report,  the firm has secured approvals for payment aggregator, payment gateway, and cross-border payments, covering both offline and online merchant transactions. With these licences, Pine Labs can process domestic and international payments, manage settlements, and expand its merchant network across sectors.

Pine Labs started as a…



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Pine Labs secures all three payment licences from RBI


Fintech major Pine Labs has received all three payment licences from the Reserve Bank of India (RBI), allowing the company to operate across the full spectrum of digital payment services in India.

According to an ET report,  the firm has secured approvals for payment aggregator, payment gateway, and cross-border payments, covering both offline and online merchant transactions. With these licences, Pine Labs can process domestic and international payments, manage settlements, and expand its merchant network across sectors.

Pine Labs started as a…



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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