RBI grants authorisation to Worldline ePayments India Private Limited to operate as an online payment aggregator
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Worldline ePayments India, a leader in digital payments today announced that they have been granted authorisation by the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the Payment and Settlement Systems Act of 2007.
Mr. Ramesh Narasimhan, Chief Executive Officer – India, Worldline, said, “We’ve been in the Indian market for more than two decades and have built a leadership position. We work with merchants from various segments such as eCommerce, BFSI, Retail, Utilities, Education, Travel, and Hospitality for digital payments. The authorisation from RBI is a testimony of our commitment to the Indian market and affirming our focus on compliance and highlighting the significance of a well-regulated payments landscape.”
Worldline ePayments India received the communication from the Reserve Bank of India (RBI) on April 30th, 2024.
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