New
GS Foundation (P+M) - Delhi: 5 May, 3:00 PM GS Foundation (P+M) - Prayagraj: 11 May, 5:30 PM Call Our Course Coordinator: 9555124124 Request Call Back GS Foundation (P+M) - Delhi: 5 May, 3:00 PM GS Foundation (P+M) - Prayagraj: 11 May, 5:30 PM Call Our Course Coordinator: 9555124124 Request Call Back

Payment Aggregator

  • RBI allowed the following two entities to act as payment aggregators (PAs).
    • Wealth Management Platform Grow
    • Worldline e-Payments India
  •  PAs facilitate online payments by acting as an intermediary between the customer and the merchant.
  • These are debit card, UPI, bank transfer, credit card, e-wallet; Like giving payment options.
  • PayPal, Amazon Pay etc. are major payment aggregators.
  • RBI allows these under the Payment and Settlement Systems Act, 2007.

Related Articles

'Moidams' included in UNESCO World Heritage List
Model Skill Loan Scheme
Henley & Partners Passport Ranking
H 125 Helicopter
65th International Maths Olympiad Competition
Gross Environmental Product (GEP) Index
« »
  • SUN
  • MON
  • TUE
  • WED
  • THU
  • FRI
  • SAT
Have any Query?

Our support team will be happy to assist you!

+91-9555 124 124
info@sanskritiias.com
OR
X