Zomato surrenders PA licence; doesn't foresee viable biz in payments
Zomato doesn't see it having a significant competitive advantage against the incumbents in the payments space.
pa licence
May 2024
February 2024
December 2023
Amazon Pay gets RBI's PA licence
In addition to the payment aggregator licence, Amazon Pay already holds a Prepaid Payment Instruments (PPI) licence, allowing it to operate wallet services like Amazon Pay balance: Money.
Razorpay, Cashfree Payments get payment aggregator licence from RBI
Fintech companies will now be able to onboard new customers
