#ZeeBusiness The Reserve Bank of India has issued new rules for payment aggregators | Zee Business | RBI
The Reserve Bank of India has issued new rules for payment aggregators | Zee Business | RBI
The Reserve Bank of India has issued new rules for payment aggregators, making it compulsory to obtain prior licences to operate. Companies must now achieve a net worth of Rs 25 crore within three years, up from the current Rs 15 crore. Applications must be filed by December 31, with non-compliant firms ordered to close by February 28, 2026. The RBI has also set a Rs 25 lakh cap on cross-border transactions and made annual cybersecurity audits mandatory.
#RBI #DigitalPayments #PaymentAggregators #FinanceNews #BankingUpdate #RBIRegulations #OnlineTransactions #CyberSecurity #IndianEconomy #ZeeBusiness
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