Question
Which subsidiary of a well-known food delivery platform
recently obtained 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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