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PB Fintech to set up payment aggregator subsidiary

by AIP Online Bureau | Mar 21, 2024 | Indian News, Intermediaries, Regulation, Technology

The subsidiary called ‘PB Pay Private Limited’ would carry on the business of payment aggregator’ domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance...

PhonePe receives payment aggregator licence, reaches $1 trillion annualised payment value run rate

by AIP Online Bureau | Mar 11, 2023 | Indian News, Intermediaries, Technology, Wealth Management/ Philanthropy

PhonePe is making significant investments in new businesses like insurance and wealth management, while also enabling the next wave of growth for UPI payments in the country, the statement said New Delhi: Digital payments platform PhonePe has achieved an annualised...

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