![Zomato surrenders PA licence; doesn't foresee viable biz in payments](https://images.assettype.com/fortuneindia%2F2022-06%2F9029da7a-7380-40d7-8789-3f3b1a76bde7%2F020A4042_copy.jpg?rect=0,0,7107,3554&w=300&q=95)
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.
Zomato doesn't see it having a significant competitive advantage against the incumbents in the payments space.
Zomato Payments has been granted a certificate of authorisation from the Reserve Bank of India to operate as an 'Online Payment Aggregator' in India.