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Infibeam gets RBI nod for payment aggregator licence
short by Anisha Joneja / on Thursday, 27 October, 2022
The Reserve Bank of India (RBI) has given in-principle approval to fintech firm Infibeam Avenues to operate as a payment aggregator. Founded in 2007 by Vishal Mehta and Vishwas Patel, Infibeam provides over 200 multi-currency payment options to merchants. In March 2020, the RBI issued new guidelines mandating that all payment aggregators be authorised by it.
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