RBI proposes draft rules to regulate PoS for payment aggregators
As per the RBI release, the banking regulator has asked the payment aggregators to apply for PoS authorisation from RBI by May 31, 2025.
As per the RBI release, the banking regulator has asked the payment aggregators to apply for PoS authorisation from RBI by May 31, 2025.
Authorisation can be sought under any of the three categories – only payment aggregator-cross border, import only PA-CB, export and import PA-CB