Question
Which popular food delivery platform's subsidiary,
Zomato Payments Private Limited, recently secured the Payment Aggregator (PA) License from the Reserve Bank of India (RBI)?Solution
Zomato Payments Private Limited, the subsidiary of popular food delivery platform Zomato, has obtained the much-coveted payment aggregator (PA) license from the Reserve Bank of India (RBI). The approval, dated January 24, 2024, empowers Zomato Payments to facilitate ecommerce transactions through its platform.
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