Image Source: timesofindia.indiatimes.comThis article will focus on the background of Worldline ePayments India, RBI authorization, and its influence on the digital payment system scenario in India. Significance of RBI AuthorizationRBI’s sanction of Worldline as an online payment aggregator demonstrates the company’s determination to the Indian market. Regulatory Environment for Online Payment AggregatorsThe most recent license for Worldline ePayments India to operate as an online payment aggregator is part of the broad regulations for digital payment solution providers in India. Growth of Digital Payment User Base in IndiaWorldline ePayments India has just been authorized as a payment aggregator at a time when the digital payment user base is rapidly growing in India. ConclusionThe authorization given to Worldline by the RBI as an online payment aggregator is an important landmark for Worldline ePayments India and the digital payments sector in India.

Source: Mint May 04, 2024 11:42 UTC