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SUMMARY
Infibeam Avenues has secured final authorisation from the Reserve Bank of India (RBI) to operate as an offline payment aggregator, a move that will allow the company to handle in-store card and QR-based transactions through POS devices
With this authorisation, the company can formally deploy and manage POS machines across merchant outlets under its CCAvenue brand
The company already holds an online payment aggregator licence, along with prepaid payment instrument (PPI) and Bharat…
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