RBI proposes draft rules to regulate PoS for payment aggregators
As per the RBI release, the banking regulator has asked the payment aggregators to apply for PoS authorisation from RBI by May 31, 2025.
payment aggregator framework
April 2024
July 2022
Razorpay, Pine Labs get RBI nod for payment aggregator licence
For safety of merchants and consumers, RBI had issued a framework in March 2020, making it mandatory for payment gateways to have a licence to acquire merchants and provide them with digital solutions
