Question

Which subsidiary of a well-known food delivery platform recently obtained the Payment Aggregator (PA) License from the Reserve Bank of India (RBI)?

A Swiggy Correct Answer Incorrect Answer
B Uber Eats Correct Answer Incorrect Answer
C DoorDash Correct Answer Incorrect Answer
D FoodPanda Correct Answer Incorrect Answer
E Zomato Correct Answer Incorrect Answer

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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