India's digital transaction volume has skyrocketed from 2,071 crore in FY 2017–18 to a staggering 18,737 crore in FY 2023–24, reflecting a CAGR of 44%.
This rapid growth presents a massive opportunity for businesses looking to enter the digital payments space.
Want to Tap Into This Booming Sector?
Start by obtaining a Payment Aggregator License from the Reserve Bank of India (RBI).
What Is a Payment Aggregator?
A Payment Aggregator (PA) enables businesses to accept payments through multiple methods (credit/debit cards, UPI, wallets, etc.) without integrating with each bank individually.
It simplifies the payment process, offering faster, more secure transactions for customers.
Who Needs It?
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E-commerce Platforms
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Fintech Startups
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Mobile Wallet Providers
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Subscription-Based Services
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Marketplaces and Aggregators
Eligibility Criteria:
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Must be a registered company in India
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Minimum Net Worth: ₹15 crores (to be increased to ₹25 crores within 3 years)
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Must comply with PCI DSS, KYC, and AML guidelines
Why It Matters:
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Builds consumer trust through regulatory compliance
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Enables seamless and secure payment integration
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Offers quick settlements and strong fraud prevention measures
📞 Need Guidance?
Contact us for a FREE consultation on obtaining your Payment Aggregator License.
📱 +91 93113 47006
Let’s help you enter one of India’s fastest-growing digital sectors with confidence.