New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which payment companies have received final approval

    from the Reserve Bank of India (RBI) to operate as payment aggregators, enabling the fintechs to onboard new merchants after a nearly one-year-old regulatory ban? 
    A PayU & PayPal Correct Answer Incorrect Answer
    B Pine Labs & Stripe Correct Answer Incorrect Answer
    C Infibeam & Easebuzz Correct Answer Incorrect Answer
    D Razorpay & Cashfree Payments Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Razorpay and Cashfree Payments have received final approval from the Reserve Bank of India (RBI) to operate as payment aggregators, enabling the fintechs to onboard new merchants after a nearly one-year-old regulatory ban.

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