Worldline ePayments India Gets In-principle Authorization from RBI for Payment Aggregator License

Worldline ePayments India, a leader in digital payments yesterday announced that it has received in-principle authorisation from the Reserve Bank Of India to act as a payment aggregator (PA) under the provisions of Guidelines on Regulation of Payment Aggregators and Payment Gateways.

Ramesh Narasimhan, Chief Executive Officer, Worldline India, said, "We've been in the Indian market for more than two decades and have built a leadership position. We work with merchants from various segments such as eCommerce, BFSI, Retail, Utilities, Education, Travel and Hospitality for digital payments. The in-principle authorisation from RBI is a testimony to our commitment towards building a digital payment ecosystem in India."

RBI has been proactive in introducing regulations and frameworks to help the entire digital ecosystem. These initiatives enhance trust among end-users to further increase the adoption of digital payments, added Ramesh Narasimhan.

Worldline ePayments India, part of Worldline group, is uniquely positioned to offer a one-stop shop for all payment needs offering in-store, online, and omnichannel payments to its customers.