Prosus-backed PayU Payments gets RBI’s in-principle approval as payment aggregator
Fintech firm PayU Payments has received the Reserve Bank of India’s in-principle approval to operate as a payment aggregator and onboard new merchants onto its platform. The firm, backed by Prosus, can now on-board new merchants and provide them digital payment services. The RBI’s move to tighten scrutiny of the payments sector aims to enhance … Read more