aggregator

PB Fintech, the promoter of Policy Bazaar, on Wednesday said its board has approved the incorporation of a wholly-owned subsidiary to carry on the business of payment aggregator. The subsidiary called 'PB Pay Private Limited' would carry on the business of payment aggregator' domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance infrastructure or both, the company said in a regulatory filing. Elevate Your Tech…

Amazon Pay has received a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s ETtech Top 5.Also in this letter:■ Adani-Uber EV fleet partnership ■ ETtech Done Deals■ Carmakers tap influencersAmazon Pay secures payment aggregator licence from RBI Amazon Pay, the digital payments arm of ecommerce major Amazon India, has received a payment aggregator (PA) licence from the Reserve Bank of India (RBI).It now joins the likes of Zomato, Google Pay, Zoho and others to become…

PlutoSwap (PLUTO) is making waves in the DeFi space with its launch of its AI-Powered DEX aggregator attracting significant attention from investors.  The project just started their community presale giving early members a chance to participate early in the success of the project. PlutoSwap has invented a cutting-edge, AI-powered pathfinder algorithm allowing traders to find the best prices at any given time. The protocol focuses mostly on layer 2 blockchain to reduce transaction fees, improve speed, and…

Merchant-led digital payments provider Mswipe Technologies on Monday said that it has been granted payment aggregator (PA) licence by the Reserve Bank of India (RBI).This comes after the company received an in-principle nod from the central bank to operate as a PA in August 2022.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIndian School of BusinessISB Product ManagementVisitIIT DelhiIITD…

Food-delivery platform Zomato and international financial infrastructure provider Stripe are the latest entities to have received final approval from the regulator to operate as online payment aggregators. While Zomato received the nod from the Reserve Bank of India (RBI) on January 24, Stripe got the go-ahead on January 15. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

The Reserve Bank of India (RBI) has granted a payment aggregator (PA) licence to Tata Payments, Tata group’s digital payments app. This will help the firm facilitate ecommerce transactions through its platform. Tata Payments is held through Tata Digital, the group's subsidiary entity, which houses its digital businesses.Tata Pay joins the likes of Razorpay, Cashfree, Google Pay, among others to secure the much-awaited payments licence.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Happy 2024! Welcome to the first edition of ETtech’s Top 5 in the new year. Tata Group’s digital payments business, Tata Payments, has secured a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s edition of our daily evening newsletter.Also in this letter:■ Prize money to swell for esports■ Bitcoin price hits 21-month high■ ITC’s plans for cloud kitchen bizRBI grants payment aggregator licence to Tata Pay, DigiO Tata Payments, the digital payments business of the Tata group,…

Vernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.Also in this letter:■ FY23 financials for Euler Motors, Pilgrim■ SoftBank India’s Vikas Agnihotri leaves■ Unicommerce expands board ShareChat lays off about 200 employees across verticals Ankush Sachdeva, cofounder and CEO, ShareChatIn a bid to streamline costs and achieve profitability within 4-6 quarters, vernacular social media platform ShareChat on Wednesday said it has…

Digital payment startups Razorpay and Cashfree have received final approval from the Reserve Bank of India (RBI) to operate as payment aggregators.“We are thrilled to announce that we are now onboarding businesses on Cashfree Payment Gateway,” Cashfree wrote on its LinkedIn page.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Product ManagementVisitNorthwestern UniversityKellogg…

Softbank-backed Juspay is set to become a payment aggregator (PA), entering the same league as that of Razorpay and PayU.The company recently received an in-principle approval from the Reserve Bank of India to build this business.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIIM KozhikodeIIMK Senior Management ProgrammeVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitJuspay has been…