Understanding the Payment Aggregator License in India

Understanding the Payment Aggregator License in India

Service providers through which e-commerce merchants can process their payment transactions are known as payment aggregators, they are also known as merchant aggregators. Aggregators allow merchants to accept credit cards and bank transfers without having to set up a merchant account with a bank. As per the¬†RBI guidelines¬†Payment Aggregators are entities that facilitate e-commerce sites … Read more