Technology Razorpay, Cashfree started onboarding new merchants after RBI granted PA License
Good news for Razorpay, Cashfree.. as The Reserve Bank of India (RBI) on Tuesday, December 19, granted Payment Aggregator (PA) licenses to several entities, including Razorpay, Cashfree Payments, Open Money, and EnKash. Last year, the RBI asked Razorpay, Cashfree, PayU, and Paytm..which hold in-principal approvals for payment aggregator licence, to stop on-boarding new merchants till […]