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Indian fintech firm Cashfree Payments secures RBI's PPI license

  • Indian fintech firm Cashfree Payments secures RBI's PPI license.
  • Cashfree Payments is one of the first fintechs to receive the PA, PA-CB, and PPI licenses from RBI.
  • The PPI license enables Cashfree Payments to provide enhanced digital payment solutions through prepaid instruments.
  • Cashfree Payments supports over 600,000 businesses, processes $80 billion in transactions annually, and is expanding internationally.

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