Several startups get RBI approval to operate as payment aggregators – Business Standard

At a time when the Reserve Bank of India (RBI) is bringing the regulatory hammer down on fintech’s in the country, several startups have received regulatory approvals to operate as payment aggregators. This month, two fintech startups Decentro and Juspay, and enterprise softwareasaservice (SaaS) firm, Zoho, have received final authorisation from the RBI for payment aggregator (PA) licences.