Unlimit Bags Online Payment Aggregator License in India

Unlimit, the global fintech company, today announced its entry into the Indian market and the receipt of its Reserve Bank of India (RBI) Online Payment Aggregator license, marking another important milestone on the company's global expansion strategy.

This development authorizes Unlimit to operate as a payment service provider in the region, enabling the delivery of a wide range of payment services and methods to help local businesses expand their reach to a larger audience.

Asheesh Agrawal, CEO of Unlimit India, said, "Unlimit's launch in India is a logical next step in our global expansion strategy and a testimony of our commitment to continuously empower businesses worldwide with a reliable and secure payment experience. Securing the RBI Online Payment Aggregator license is a significant moment for us, allowing us to support the evolution of the local digital payments landscape and to bring our comprehensive suite of payment solutions to the local business community."

The receipt of the RBI license follows closely behind Unlimit receiving its Bank of Tanzania license and expanding its presence in the African region.

(Source: Finextra)