<ul><li>Hyderabad-based payment gateway PayG has obtained the RBI's approval to operate as a licensed payment aggregator, enhancing digital commerce infrastructure for India's micro, small, and medium enterprises.</li><li>The approval allows PayG to provide digital payment solutions while adhering to India's evolving payments framework, offering services such as credit and debit card acceptance, net banking, and wallet integrations.</li><li>PayG focuses on serving small and medium businesses, offering over 120 payment options with a transparent pricing structure. The firm aims to support digitally underserved businesses with product development and merchant assistance.</li><li>The company is collaborating with ONDC to simplify onboarding processes and digital transitions for merchants, positioning itself as a digital ally for Indian merchants in the evolving economy.</li></ul>

Hyderabad-based PayG secures RBI payment aggregator license

Discover more