<ul><li>MMAD Communications has unveiled its new payment aggregator brand called 'Mpay' after receiving authorization from the Reserve Bank of India (RBI).</li><li>Mpay will offer secure, scalable, and innovative payment solutions that comply with RBI's regulations, leveraging MMAD's expertise in high-volume payment processing.</li><li>MMAD Communications applied for an RBI 'Payment Aggregator' license in 2021 and received final authorization on October 25, 2023, to launch and market its payment solutions under the Mpay brand.</li><li>Mpay aims to redefine digital transactions by providing customized services for businesses and consumers in various sectors.</li></ul>

MMAD Communications unveils RBI-approved payment aggregator services under new brand "Mpay"

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