RBI seeks comments on draft rules to regulate payment aggregators
Wed, Apr 17, 2024 2:58 PM

RBI seeks comments on draft rules to regulate payment aggregators

A Flip by Shubhangi Gupta
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The Reserve Bank of India (RBI) on April 16 sought public comments on draft directions on regulation of payment aggregators with respect to physical point of sale and amendments to certain existing directions. RBI in its “Statement on Developmental and Regulatory Policies” on September 30, 2022 had announced regulation of offline payment aggregators, who handle proximity and face-to-face payments.

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