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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