Prosus-backed PayU Payments said on Tuesday it had received the Reserve Bank of India's in-principle approval to operate as a payment aggregator and onboard new merchants onto its platform. The ...

India leads the world in real-time digital payments, with UPI accounting for nearly half of global transactions and handling tens of billions of payments each month, according to the Government of ...

PayU Payments has received the Reserve Bank of India's in-principle nod to operate as a payment aggregator. This will now allow PayU to onboard new merchants onto its platform. The step comes some 15 ...