Tech
MobiKwik’s Zaakpay Gets RBI Nod To Operate As Payment Aggregator
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SUMMARY
With the certification, Zaakpay will be able to expand its payment aggregation business
The RBI issued the certification under the Payment and Settlement Systems Act, 2007, authenticating Zaakpay to act as an intermediatory between customers and merchants
Zaakpay received the in-principle authorisation from the RBI to operate as an online PA in October 2023
Fintech major MobiKwik’s subsidiary Zaakpay ePayment Services Pvt Ltd has received the RBI’s nod to operate as…
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