RBI Formalises Guidelines for Regulating Payment Aggregators

The Reserve Bank of India (RBI) on March 17, 2020, introduced new guidelines on the regulation of Payment Aggregators and Gateways. This means that from now on payment gateways such as Paytm, Pay Pal, Mobikwik and aggregators like Razorpay, PayU etc. will be regulated by RBI to ensure the safety of all our online transactions.