EnKash Obtains Payment Aggregator License from RBI

EnKash, the leader in facilitating corporate payments & enabling innovative offerings for businesses, has successfully secured regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator under the brand name "Olympus".

The approval from the RBI reinforces EnKash's commitment to compliance and adherence to the highest standards in the financial technology industry.

The regulatory approval reaffirms EnKash's position as a trustworthy player in the fintech space, and the company is now poised to bring further innovation to the B2B payment business.

EnKash is eager to leverage its expertise and technological capabilities to provide businesses with seamless and secure payment solutions. With the RBI's nod, EnKash is ready to contribute to the growth and development of the digital payments' ecosystem.

Speaking on the development, Yadvendra Tyagi, Co-founder, EnKash said, "We are thrilled to have received approval from the Reserve Bank of India, making us the first new applicant in the cohort. This affirms our unwavering commitment to maintaining regulatory standards and highlights the significance of our role in advancing the industry. The milestone also underscores our commitment to providing seamless, innovative, and reliable payment solutions, further solidifying our position as a trusted partner for businesses looking to thrive in the digital economy."

(Source: The Times of India)