MobiKwik Gets RBI’s In-Principle Nod For Offline Payment Aggregator Licence

by · Inc42

SUMMARY

  • Upon final approval of the licence, MobiKwik can pursue business expansion in offline merchant business
  • The PA-P licence strengthens its company’s ability to build compliant, secure and scalable payment acceptance infrastructure for offline commerce in partnership with b anks
  • MobiKwik’s subsidiary Zaakpay received the RBI’s nod to operate as an online payment aggregator, to help expand its payment aggregation business