![PayU gets payment aggregator licence from RBI](https://images.assettype.com/fortuneindia%2F2023-08%2Fc8909110-7037-4f50-ad6f-73fe9761bc29%2FPayU.jpg?w=300&q=95)
PayU gets payment aggregator licence from RBI
PayU boasts around 5 lakh merchants in India, which estimatedly generate around $60 billion in annualised volumes
PayU boasts around 5 lakh merchants in India, which estimatedly generate around $60 billion in annualised volumes
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.